DJ GameStop Corp. Cl A Stock Underperforms Wednesday When Compared To Competitors
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Shares of GameStop Corp. Cl A $(GME)$ slid 5.84% to $24.01 Wednesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 2.31% to 5,427.13 and Dow Jones Industrial Average falling 1.25% to 39,853.87.
The stock's fall snapped a two-day winning streak.
GameStop Corp. Cl A closed $40.82 below its 52-week high ($64.83), which the company achieved on May 14th.
The stock underperformed when compared to some of its competitors Wednesday, as Apple Inc. $(AAPL)$ fell 2.88% to $218.54, AT&T Inc. $(T)$ rose 5.22% to $19.16, and Best Buy Co. Inc. $(BBY)$ fell 1.37% to $87.73.
Trading volume (9.4 M) remained 52.7 million below its 50-day average volume of 62.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled July 24, 2024.
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(END) Dow Jones Newswires
July 24, 2024 16:33 ET (20:33 GMT)
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