Shares of Gap (GAP) took a beating recently, plunging over 20% on Friday, May 30, despite the retailer delivering better-than-expected first-quarter results. The selloff came after management flagged potential incremental costs tied to tariffs, raising concerns among investors.
However, beneath the headline risk, the company’s fundamentals remain solid, and its turnaround plan is working well, making the recent dip an attractive opportunity for long-term investors. Let’s take a closer look.
