● No company-specific news drove the move; investors rotated into grocers and discount retailers as a defensive trade.
● No company-specific announcement dated Monday was found, so the reason for the rally has not been publicly identified.
Victoria's Secret (NYSE:VSXY) was among the gainers in US markets on Monday, September 28, 2026, closing the session up 6.49% at $88.29. The specialty retailer, which operates the Victoria's Secret, PINK and Adore Me brands, rose as apparel-retail peers advanced.
Gap (NYSE:GAP) closed up 5.18% at $22.95 on Monday, September 28, 2026. The apparel retailer operates Gap, Old Navy, Banana Republic and Athleta.
● Dollar Tree (DLTR) closed at $116.18 on Monday, up from $114.07, while the S&P 500 fell 59.72 points.
● Home Depot (HD) closed at $289.89 on Monday, down from $293.20, a modest decline in a turbulent session.
Burlington Stores (NYSE:BURL) closed up 4.59% at $266.39 on Monday, September 28, 2026. The company is an off-price retailer selling brand-name apparel, home goods and accessories at discounts to conventional retail prices.
On Monday, September 28, 2026, American Eagle Outfitters (NYSE:AEO) rose 4.40% to finish at $17.31. The specialty clothing retailer is best known for its namesake American Eagle brand and its Aerie intimates and activewear line.
GameStop (NYSE:GME) tumbled on Friday as traders cashed in after a strong month-long run, even though chief executive Ryan Cohen had just disclosed a purchase of about $26 million worth of shares.
Ryan Cohen has made two large purchases of GameStop (NYSE:GME) shares this month, but his latest purchase could not prevent the stock from sliding on Friday.