GameStop Corp. Cl A Stock Rises Thursday, Still Underperforms Market
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Shares of GameStop Corp. Cl A (GME) inched 0.79% higher to $23.05 Thursday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.94% to 4,198.05 and the Dow Jones Industrial Average rising 0.34% to 33,535.91.
This was the stock's fourth consecutive day of gains.
GameStop Corp. Cl A closed $24.94 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 Thursday, as Apple Inc. (AAPL) rose 1.37% to $175.05, AT&T Inc. (T) fell 0.66% to $16.55, and Best Buy Co. Inc. (BBY) fell 1.22% to $73.04.
Trading volume (2.1 M) remained 2.7 million below its 50-day average volume of 4.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 18, 2023.
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May 18, 2023 16:57 ET (20:57 GMT)
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