GameStop Corp. Cl A stock falls Tuesday, underperforms market

By adminAugust 9, 2023 6:26 am EDT0 ViewsNo Comments

Shares of GameStop Corp. Cl A
GME,
-1.57%
slipped 1.57% to $20.74 Tuesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index
SPX,
-0.42%
falling 0.42% to 4,499.38 and Dow Jones Industrial Average
DJIA,
-0.45%
falling 0.45% to 35,314.49.

The stock’s fall snapped a three-day winning streak.

GameStop Corp. Cl A closed $24.79 below its 52-week high ($45.53), which the company reached on August 16th.

The stock underperformed when compared to some of its competitors Tuesday, as Apple Inc.
AAPL,
+0.53%
rose 0.53% to $179.80, AT&T Inc.
T,
+1.21%
rose 1.21% to $14.18, and Best Buy Co. Inc.
BBY,
-1.14%
fell 1.14% to $79.16.

Trading volume (1.4 M) remained 2.6 million below its 50-day average volume of 4.0 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.

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