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Why Gap Stock Soared 41% in June

Why Gap Stock Soared 41% in June

What happened Gap (NYSE: GPS) shares easily beat the market last month. The stock soared 41% compared to a 1.8% increase in the S&P 500, according to data provided by S&P Global Market Intelligence. The rally didn't do much to erase longer-term losses, though: The retailer's stock is down 29% through the first half of 2020.