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Underweight, San Francisco, Jamie discussed on KCBS Radio Afternoon News


From the pandemic shut down the gap is seen as a potential winner although it may do so with fewer stores a JP Morgan analyst races gap stock rating to neutral from underweight on the basis that it's Old Navy chain is well positioned to benefit from disproportionate growth the value retail as a recession resistant concept well the San Francisco from Athleta brand is a sweet spot of health wellness and casual the client know goes on to say that the covert nineteen crisis will give cap management a potential catalyst to consider closing the gap and banana Republic brick and mortar locations shares in gap surged higher today by over eleven percent a winning session for the stock market to start of June the Dow gained ninety one points to twenty five thousand four hundred seventy five the nasdaq up sixty two points to ninety five fifty two the S. and P. rose eleven points to thirty fifty five on the money watch Jason Brooks KCBS hi it's Jamie progressives number one number two employee leave a message at the Hey Jamie it's me Jamie this is your daily pep talk I know it's been rough going ever since people found out about your archipelagos Matt harmony but you will bounce back I mean you're the guy always helping people find coverage options with a name your price.

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