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Shares of GameStop Corp. Cl A (GME) slipped 4.34% to $23.16 Tuesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 1.12% to 4,145.58 and Dow Jones Industrial Average falling 0.69% to 33,055.51.
GameStop Corp. Cl A closed $24.83 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 1.52% to $171.56, AT&T Inc. (T) fell 1.71% to $16.10, and Best Buy Co. Inc. (BBY) fell 1.18% to $69.49.
Trading volume (3.8 M) remained 1.1 million below its 50-day average volume of 4.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 23, 2023.
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May 23, 2023 16:57 ET (20:57 GMT)
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