The Gap gets big boost from ex-Delaware judges in forum selection appeal [Reuters]
Gap, Inc. (The) (GPS)
Last gap, inc. (the) earnings: 3/12 04:15 pm
Check Earnings Report
US:NYSE Investor Relations:
gapinc.com/content/gapinc/html/investors.html
Company Research
Source: Reuters
(Reuters) - Nine former high-ranking Delaware state court judges delivered a huge gift on Monday to The Gap Inc and other companies that have adopted forum selection clauses requiring shareholders to litigate derivative suits in Delaware Chancery Court. The former judges, who hail from both the Delaware Supreme Court and Chancery Court, said in a terse letter brief to the en banc 9th U.S. Circuit Court of Appeals that when shareholders claim under the Securities and Exchange Act that their votes have been tainted by allegedly deceptive proxy disclosures, those claims belong directly to shareholders, not derivatively to the corporation. That conclusion, as I'll explain, should help Gap counter shareholders' arguments that its forum selection clause can't be reconciled with the Exchange Act because it forces shareholders to cede substantive rights. But perhaps even more importantly, the retired Delaware judges – including former Supreme Court chief justice Leo Strine and former c
Show less
Read more
Impact Snapshot
Event Time:
GPS
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
GPS alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
GPS alerts
High impacting Gap, Inc. (The) news events
Weekly update
A roundup of the hottest topics
GPS
News
- The Gap, Inc. (NYSE: GPS) had its price target raised by analysts at The Goldman Sachs Group, Inc. from $24.00 to $25.00. They now have a "buy" rating on the stock.MarketBeat
- Column: As taxpayers tire of handouts to billionaires, Major League Baseball demands public funding for a Vegas stadium [Los Angeles Times (CA)]Los Angeles Times
- Here's Why Gap (GPS) Gained But Lagged the Market Today [Yahoo! Finance]Yahoo! Finance
- Gap Stock Almost Flat This Year, What's Next? [Forbes]Forbes
- Why the Market Dipped But Gap (GPS) Gained Today [Yahoo! Finance]Yahoo! Finance
GPS
Earnings
- 3/7/24 - Beat
GPS
Sec Filings
- 4/12/24 - Form 4
- 3/28/24 - Form 4
- 3/27/24 - Form 4
- GPS's page on the SEC website