GPS Stock Recent News

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Gap's (GPS) strategic efforts, including brand strength and cost-control actions, appear encouraging.

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SALT LAKE CITY, June 19, 2024 (GLOBE NEWSWIRE) -- GPS Capital Markets, LLC, a leading fintech firm offering corporate foreign exchange services, announced entering into a definitive agreement to be acquired by Corpay, Inc. (NYSE: CPAY), a leading corporate payments company. This acquisition will bring tremendous benefits to GPS Capital Markets clients, including enhanced delivery channels and expanded access to FX services across global markets.

ATLANTA--(BUSINESS WIRE)--Corpay, Inc. (NYSE: CPAY), a global corporate payments company, today announced that it has signed a definitive agreement to acquire GPS Capital Markets, LLC. GPS provides business-to-business cross-border and treasury management solutions to upper middle market companies, primarily in the US. The transaction is expected to close in early 2025, subject to regulatory approval and standard closing conditions. “GPS is our third largest deal ever. We're quite excited about.

Zacks.com users have recently been watching Gap (GPS) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.

Having slid 30% from March through April, investors of Gap Inc NYSE: GPS would have been getting nervous. The fact that the retailer had earnings due at the end of May would only have added to this, as that kind of price action in the weeks before a report is often indicative of the smart money positioning itself accordingly.

SAN RAMON, Calif.--(BUSINESS WIRE)--Grid Dynamics Holdings, Inc. (NASDAQ: GDYN) (Grid Dynamics), a leading provider of technology consulting, platform and product engineering, AI, and advanced analytics services, announces the launch of its Composable Commerce Help Desk Starter Kit. This innovative starter kit, including a minimum viable product (MVP) deployable in 1-2 months, empowers businesses to deliver exceptional customer support experiences by efficiently managing customer profiles, proc.

On March 27, I argued that Gap (NYSE: GPS ) could have years of upside ahead. Unfortunately, in the days and weeks following, GPS stock started on a downward trajectory.

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