Updated
Updated · MarketWatch · Apr 30
Genuine Parts stock rises 3.82% and snaps six-day losing streak
Updated
Updated · MarketWatch · Apr 30

Genuine Parts stock rises 3.82% and snaps six-day losing streak

8 articles · Updated · MarketWatch · Apr 30
  • Shares closed at $107.23 on Thursday as the S&P 500 gained 1.02% to 7,209.01 and the Dow rose 1.62% to 49,652.14.
  • The stock outperformed Aptiv and LKQ, though it lagged Cummins' 5.02% gain, while trading volume reached 2.2 million shares, above its 50-day average of 2.0 million.
  • Despite the rebound, Genuine Parts remains 29.25% below its 52-week high of $151.57 reached on 12 February.
With its stock rallying, has GPC turned a corner or is this a brief respite before industry headwinds hit harder?
GPC is called 'undervalued,' but can its planned business split overcome weak debt coverage and rising industry pressures?
A 'Dividend King' for 70 years, is GPC's cash-strained dividend promise now becoming its biggest risk?