GameStop Corp. Cl A Stock Outperforms Market On Strong Trading Day
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Shares of GameStop Corp. Cl A (GME) advanced 4.00% to $22.87 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.19% to 4,158.77 and the Dow Jones Industrial Average rising 1.24% to 33,420.77.
This was the stock's third consecutive day of gains.
GameStop Corp. Cl A closed $25.12 below its 52-week high ($47.99), which the company reached on August 8th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Apple Inc. (AAPL) rose 0.36% to $172.69, AT&T Inc. (T) rose 0.79% to $16.66, and Best Buy Co. Inc. (BBY) rose 4.52% to $73.94.
Trading volume (4.6 M) remained 200,758 below its 50-day average volume of 4.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 17, 2023.
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May 17, 2023 16:58 ET (20:58 GMT)
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