GameStop Corp. Cl A Stock Falls Friday, Underperforms Market
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Shares of GameStop Corp. Cl A (GME) slipped 0.91% to $20.69 Friday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.16% to 4,124.08 and Dow Jones Industrial Average falling 0.03% to 33,300.62.
The stock's fall snapped a two-day winning streak.
GameStop Corp. Cl A closed $27.30 below its 52-week high ($47.99), which the company achieved on August 8th.
The stock underperformed when compared to some of its competitors Friday, as Apple Inc. (AAPL) fell 0.54% to $172.57, AT&T Inc. (T) rose 0.41% to $17.03, and Best Buy Co. Inc. (BBY) rose 0.15% to $71.73.
Trading volume (2.0 M) remained 2.8 million below its 50-day average volume of 4.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 12, 2023.
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May 12, 2023 16:58 ET (20:58 GMT)
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