Down 12% Over the Past Month, is Now a Good Time to Scoop Up Gap Stock?

Gap’s (GPS) shares have declined 12% over the past month following the company’s sale of Janie and Jack and its proposed sale of Intermix. But the company has assured the market that these transactions are part of its Power Plan 2023. So, the question is, given the increasing foot traffic at GPS’ retail stores and its strong digital presence, is it wise to buy the dip in the stock? Let’s find out.

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