Gildan (GIL) Moves 10.1% Higher: Will This Strength Last?
Gildan Activewear (GIL) Zacks Investment Research·2024-03-20 17:41
Gildan Activewear (GIL) shares soared 10.1% in the last trading session to close at $37.22. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 2.1% loss over the past four weeks.The company has been benefiting from its Gildan's Sustainable Growth strategy, as well as its core pillars dedicated toward innovation, manufacturing capacity, and ESG. Despite a challenging landscape, the company drove market share gains across its core pro ...