The Wrap Up: KANYE MADE GAP'S STOCK RISE 277%
Market Mondays
EYL Network
5.0 • 4.1K Ratings
🗓️ 10 June 2021
⏱️ 9 minutes
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Summary
In this Wrap Up, we talk about the Kanye’s impact on Gap’s stock.
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Transcript
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| 0:00.0 | Gap is reporting on Thursday. |
| 0:01.3 | Now, about a year ago, we had an announcement |
| 0:04.6 | that Kanye West was having a line with Gap. |
| 0:06.9 | Shout out to Yeezy. |
| 0:07.8 | Shout out to Yeezy. |
| 0:08.6 | The stock was at $9. |
| 0:11.2 | We might have mentioned it because we believe in Kanye |
| 0:13.8 | and everything he touches to his goal as far as the fashion world, |
| 0:16.7 | for sure, and music. |
| 0:18.8 | And so now, if you look at Gap right now, GPS is a ticker. |
| 0:21.8 | It is trading at $32 plus. |
| 0:24.2 | Trouble. |
| 0:25.2 | Trouble. |
| 0:26.2 | All time, how is $62.91? |
| 0:28.0 | So. |
| 0:29.4 | Yeah. |
| 0:30.4 | And what did she the news today? |
| 0:31.6 | He said that the Yeezy line will be out in June. |
| 0:34.6 | The Yeezy line will be out in June, |
| 0:36.6 | so the gap in Yeezy line will be out in June, |
| 0:38.3 | which is I'm sure will be selling out in every store. |
| 0:41.0 | Oh, yeah, that's going to go crazy. |
... |
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