Advance Auto Parts Inc. stock underperforms Friday when compared to competitors – MarketWatch

Shares of Advance Auto Parts Inc. AAP, +1.38% slipped 2.08% to $156.34 Friday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index SPX, +2.46% falling 1.51% to 3,585.62 and Dow Jones Industrial Average DJIA, +2.59% falling 1.71% to 28,725.51. This was the stock’s second consecutive day of losses. Advance Auto Parts Inc. closed $88.21 below its 52-week high ($244.55), which the company reached on January 5th.
The stock underperformed when compared to some of its competitors Friday, as O’Reilly Automotive Inc. ORLY, +2.84% fell 1.18% to $703.35, AutoZone Inc. AZO, +0.86% fell 0.79% to $2,141.93, and Genuine Parts Co. GPC, +2.22% fell 0.25% to $149.32. Trading volume (573,058) remained 203,716 below its 50-day average volume of 776,774.
Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.
Bank of America sees a recession around the corner, which should be just the tonic for a historical rout in bonds.

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