Shares of GameStop Corp. Cl A (GME) experienced a decline of 1.63% on Thursday, closing at $18.07. Despite this, it was an overall positive trading session for the stock market, with the S&P 500 Index (SPX) rising by 0.04% to reach 4,783.35 and the Dow Jones Industrial Average (DJIA) increasing by 0.14% to reach 37,710.10.
Breaking the Winning Streak
This decrease in GameStop Corp. Cl A shares marks the end of a two-day winning streak for the company.
Below the 52-week High
Closing at $9.58 below its 52-week high ($27.65), which was reached on June 13th, GameStop Corp. Cl A has fallen short in terms of performance.
Underperformance Compared to Competitors
On Thursday, GameStop Corp. Cl A fell behind some of its competitors. Apple Inc. (AAPL) experienced a rise of 0.22% to reach $193.58, AT&T Inc. (T) increased by 0.97% to reach $16.74, and Best Buy Co. Inc. (BBY) saw a rise of 0.65% to reach $78.46.
Lower Trading Volume
The trading volume for GameStop Corp. Cl A was 3.6 million, which is 3.4 million below its 50-day average volume of 6.9 million.
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