Why Is Gildan Activewear ( $GIL ) Stock Down -11.82% Today? (Find out why any stock moved today on Tickeron.) GIL shares tumbled roughly 11.82% to $40.73, down $5.46 from the prior session's close of $46.19. The primary catalyst was a steep price-target cut from TD Securities, which lowered its target to $54 from $80. The analyst cited softening demand across activewear and retail channels, pressured by rising bond yields and higher gas prices. Trading volume surged to multiples of the stock's average, signaling heavy institutional repositioning. $NKE $RL $SHOO $DECK $ONON