GameStop Corp. Cl A Stock Outperforms Market On Strong Trading Day
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Shares of GameStop Corp. Cl A (GME) rose 1.71% to $21.99 Tuesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.64% to 4,109.90 and Dow Jones Industrial Average falling 1.01% to 33,012.14.
This was the stock's second consecutive day of gains.
GameStop Corp. Cl A closed $26.00 short of its 52-week high ($47.99), which the company achieved on August 8th.
The stock outperformed some of its competitors Tuesday, as Apple Inc. (AAPL) remained unchanged, AT&T Inc. (T) fell 2.48% to $16.53, and Best Buy Co. Inc. (BBY) fell 2.70% to $70.74.
Trading volume (2.5 M) remained 2.3 million below its 50-day average volume of 4.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 16, 2023.
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May 16, 2023 16:58 ET (20:58 GMT)
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