To The Moon

This article was automatically generated by MarketWatch using technology from Automated Insights.Shares of GameStop Corp. Cl A shed 1.62% to $10.91 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.23% to 37,903.29 and the S&P 500 Index falling 0.34% to 5,018.39.This was the stock's third consecutive day of losses.GameStop Corp. Cl A closed $16.74 below its 52-week high , which the company achieved on June 13th.The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Apple Inc. fell 0.60% to $169.30, AT&T Inc. rose 0.18% to $16.92, and Best Buy Co. Inc. fell 2.19% to $72.03.Data source: Dow Jones Market Data, FactSet. Data compiled May 1, 2024.This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.

GameStop's stock has lost 23% of its value since last May, but it remains popular among speculative traders and short-sellers.The company has improved its balance sheet positively, potentially allowin