- Apparel store stocks are lower on the day after Gap reset guidance dramatically lower.
- Notable decliners include J. Jill <JILL>>, Abercrombie & Fitch (ANF -3.5%), Express (EXPR -2.9%), L Brands (LB -3.3%), American Eagle Outfitters (AEO -2.7%), Guess (GES -2.3%), Urban Outfitters (URBN -1.9%) and Buckle (BKE -2.7%).
- Previously: Gap -7% after slashing guidance and CEO exit (Nov. 7)
- Previously: Gap -10% as investors puzzle over new direction (Nov. 8)