Gap shares jump 9% after company names new Old Navy CEO to revive struggling brand

CNBC Stocks· Aug 27, 2026 · 8:26 PM

Gap announced a new CEO for Old Navy on Thursday as the brand reported a decline in comparable sales for the most recent quarter.

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J.B. Hunt stock plunges 10% after company warns third-quarter earnings will fall

Shares of J.B. Hunt plunged more than 10% Wednesday after the company warned of an earnings drop between 5% and 10%.

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