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Why Gap Is Jumping 8% Higher Today


Shares of Gap (NYSE: GPS) are running 8% higher in midday trading Monday as the markets continue celebrating the reopening of the economy.

While getting back to business is key to survival for all retailers, the rally for Gap's shares seems to be the result of misplaced optimism, as the clothing retailer still faces some high hurdles.

Image source: Gap.

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Source Fool.com

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