Shares of Genuine Parts Co. GPC rallied 2.55% to $127.34 Thursday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX rising 1.71% to 4,438.26 and the Dow Jones Industrial Average DJIA rising 1.56% to 34,912.56. The stock's rise snapped a two-day losing streak. Genuine Parts Co. closed $8.59 short of its 52-week high ($135.93), which the company achieved on May 10th.
The stock outperformed some of its competitors Thursday, as O'Reilly Automotive Inc. ORLY rose 2.09% to $625.13, Advance Auto Parts Inc. AAP rose 2.16% to $214.86, and LKQ Corp. LKQ rose 1.83% to $54.59. Trading volume (419,135) remained 90,485 below its 50-day average volume of 509,620.