GameStop Corp. Cl A Stock Declines as Market Ends on a High Note

GameStop Corp. Cl A (GME) experienced a 2.45% decrease in its stock price, closing at $13.53 on Monday. Despite this, it was a promising day for the overall stock market. The S&P 500 Index (SPX) rose by 0.18% to reach 4,365.98, while the Dow Jones Industrial Average (DJIA) saw a 0.10% increase, closing at 34,095.86.

Breaking a two-day winning streak, GameStop Corp. Cl A fell considerably short of its 52-week high of $28.70, set on November 18th.

In comparison to its competitors, GameStop’s performance was lackluster on Monday. Apple Inc. (AAPL) witnessed a 1.46% increase, with its stock price reaching $179.23, while AT&T Inc. (T) experienced a decline of 0.82%, closing at $15.75. Similarly, Best Buy Co. Inc. (BBY) observed a slight decrease of 0.34% and ended the day at $66.96.

Despite the decline in stock price, the trading volume for GameStop Corp. Cl A remained below its 50-day average volume of 3.4 million shares, with only 2.2 million shares traded on Monday.