Shares of Gap Inc. GPS, +0.31% slid 1.51% to $9.13 Tuesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index SPX, +0.66% falling 0.41% to 3,908.19 and Dow Jones Industrial Average DJIA, +0.61% falling 0.55% to 31,145.30. The stock’s fall snapped a two-day winning streak. Gap Inc. closed $16.99 below its 52-week high ($26.12), which the company achieved on September 29th.
The stock underperformed when compared to some of its competitors Tuesday, as H&M Hennes & Mauritz AB ADR HNNMY, -2.96% rose 2.50% to $2.05, Urban Outfitters Inc. URBN, -1.54% rose 2.28% to $21.04, and American Eagle Outfitters Inc. AEO, -8.71% rose 1.17% to $11.28. Trading volume (6.3 M) remained 1.9 million below its 50-day average volume of 8.2 M.