GameStop Corp. Cl A Stock Falls Tuesday, Underperforms Market
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Shares of GameStop Corp. Cl A (GME) shed 1.32% to $20.24 Tuesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.46% to 4,119.17 and Dow Jones Industrial Average falling 0.17% to 33,561.81.
The stock's fall snapped a five-day winning streak.
GameStop Corp. Cl A closed $27.75 short of its 52-week high ($47.99), which the company achieved on August 8th.
The stock underperformed when compared to some of its competitors Tuesday, as Apple Inc. (AAPL) fell 1.00% to $171.77, AT&T Inc. (T) fell 0.58% to $17.02, and Best Buy Co. Inc. (BBY) rose 0.26% to $72.65.
Trading volume (1.5 M) remained 3.4 million below its 50-day average volume of 4.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 9, 2023.
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May 09, 2023 16:58 ET (20:58 GMT)
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