Gap (GAP) shares are in the red as investors continue to punish the apparel retailer’s disappointing guidance reflecting tariff-related headwinds last week. The post-earnings selloff has pushed GAP’s relative strength index (14-day) into the mid-20s, indicating oversold conditions, which often trigger a relief rally.
Following this recent plunge, Gap stock is trading down about 23% versus its year-to-date high.
