GameStop Corp. Cl A Stock Falls Wednesday, Underperforms Market
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Shares of GameStop Corp. Cl A (GME) slipped 2.12% to $24.05 Wednesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.61% to 4,179.83 and Dow Jones Industrial Average falling 0.41% to 32,908.27.
GameStop Corp. Cl A closed $23.94 short of its 52-week high ($47.99), which the company reached on August 8th.
The stock underperformed when compared to some of its competitors Wednesday, as Apple Inc. (AAPL) fell 0.03% to $177.25, AT&T Inc. (T) rose 0.58% to $15.73, and Best Buy Co. Inc. (BBY) fell 0.99% to $72.67.
Trading volume (4.3 M) remained 512,575 below its 50-day average volume of 4.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 31, 2023.
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May 31, 2023 16:58 ET (20:58 GMT)
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