GameStop Corp. Cl A (GME) witnessed a positive movement on Wednesday, with its shares rising by 2.21% to reach $17.15. This gain came amidst a mixed trading session for the overall stock market. The S&P 500 Index (SPX) experienced a marginal increase of 0.02% to reach 4,274.51, while the Dow Jones Industrial Average (DJIA) saw a decline of 0.20% to settle at 33,550.27.
GameStop Closes Below 52-Week High
Closing at $17.84 below its 52-week high of $34.99, which the company achieved on October 31st, GameStop Corp. Cl A failed to reach its peak during this trading session.
Outperforming Competitors
In comparison to some of its competitors, GameStop Corp. Cl A outperformed on Wednesday. Apple Inc. (AAPL) saw a decrease of 0.89% to reach $170.43, AT&T Inc. (T) experienced a decline of 1.00% to settle at $14.87, and Best Buy Co. Inc. (BBY) witnessed an increase of 0.50% to reach $68.37.
Below Average Trading Volume
With a trading volume of 1.7 million shares, GameStop Corp. Cl A fell short by 1.2 million shares in comparison to its 50-day average volume of 2.9 million shares.