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Shares of GameStop Corp. Cl A (GME) advanced 2.24% to $24.64 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.45% to 4,282.37 and the Dow Jones Industrial Average rising 2.12% to 33,762.76.
This was the stock's second consecutive day of gains.
GameStop Corp. Cl A closed $23.35 short of its 52-week high ($47.99), which the company achieved on August 8th.
The stock outperformed some of its competitors Friday, as Apple Inc. (AAPL) rose 0.48% to $180.95, AT&T Inc. (T) fell 3.80% to $15.21, and Best Buy Co. Inc. (BBY) rose 0.43% to $73.21.
Trading volume (3.3 M) remained 1.2 million below its 50-day average volume of 4.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 2, 2023.
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June 02, 2023 17:30 ET (21:30 GMT)
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