Genuine Parts Company shares rise 1.90% intraday after Fabrinet reports record revenue and earnings.

Genuine Parts Company rose 1.90% during intraday trading. The company's stock price increase may be attributed to the positive news from Fabrinet, which reported record fourth-quarter revenue of $910 million, exceeding guidance range, and a 19% year-over-year increase in fiscal year 2025 revenue. This news may have positively influenced the broader market sentiment, including Genuine Parts Company.