Why Gap, Kohl's, and Other Retail Stocks Were Up Today
Shares of several apparel and home-goods chains rose on Tuesday afternoon, as continued store reopenings and recovering economic activity gave retail-focused investors reasons for optimism.
Here's where things stood at the close on Tuesday for these four companies' stocks, relative to their closing prices on Friday.
There was no big news moving these companies' stocks higher on Tuesday. Rather, they were rising amid a broad-based market rally that seemed to be driven by signs that economic activity is resuming faster than expected, as regions around the world continue to reopen following COVID-19-related shutdowns.
Source Fool.com
