Shares of GameStop Corp. Cl A (GME) experienced a decline of 2.44%, closing at $15.96 on Friday. This setback occurred against the backdrop of a generally successful trading session in the stock market. The S&P 500 Index (SPX) rose by 0.18% to reach 4,697.24, while the Dow Jones Industrial Average (DJIA) saw a modest increase of 0.07% to reach 37,466.11.
This marks the second consecutive day of losses for GameStop Corp. Cl A.
GameStop Corp. Cl A’s closing price fell short of its 52-week high ($27.65) by $11.69, a milestone achieved by the company on June 13th.
In comparison to its competitors, GameStop Corp. Cl A underperformed on Friday. Apple Inc. (AAPL) experienced a decline of 0.40% to reach $181.18, AT&T Inc. (T) witnessed an increase of 1.87% to reach $17.47, and Best Buy Co. Inc. (BBY) saw a rise of 0.70% to reach $75.83.
The trading volume for GameStop Corp. Cl A was 2.6 million, which remains 4.3 million below its 50-day average volume of 6.9 million.