Markets

GameStop Corp. Cl A stock falls Thursday, underperforms market

1 Mins read

Shares of GameStop Corp. Cl A
GME,
-4.98%
slipped 4.98% to $13.16 Thursday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index
SPX,
-0.85%
falling 0.85% to 4,278.00 and Dow Jones Industrial Average
DJIA,
-0.75%
falling 0.75% to 33,414.17.

This was the stock’s seventh consecutive day of losses.

GameStop Corp. Cl A closed $21.83 below its 52-week high ($34.99), which the company reached on October 31st.

The stock underperformed when compared to some of its competitors Thursday, as Apple Inc.
AAPL,
-0.22%
fell 0.22% to $175.46, AT&T Inc.
T,
+6.56%
rose 6.56% to $15.26, and Best Buy Co. Inc.
BBY,
-1.00%
fell 1.00% to $69.50.

Trading volume (5.8 M) eclipsed its 50-day average volume of 3.2 M.


Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.

Read the full article here

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