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Shares of GameStop Corp. Cl A (GME) sank 0.43% to $23.25 Friday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 1.30% to 4,205.45 and the Dow Jones Industrial Average rising 1.00% to 33,093.34.
The stock's fall snapped a two-day winning streak.
GameStop Corp. Cl A closed $24.74 below its 52-week high ($47.99), which the company reached on August 8th.
The stock underperformed when compared to some of its competitors Friday, as Apple Inc. (AAPL) rose 1.41% to $175.43, AT&T Inc. (T) rose 2.31% to $15.50, and Best Buy Co. Inc. (BBY) rose 4.28% to $74.33.
Trading volume (2.3 M) remained 2.6 million below its 50-day average volume of 4.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 26, 2023.
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May 26, 2023 16:57 ET (20:57 GMT)
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