Shares of GameStop Corp. Cl A (GME) saw a modest 0.65% rise on Monday, reaching $18.48. This occurred amidst a mixed trading session for the overall stock market.
Mixed Trading Session
The S&P 500 Index (SPX) experienced a 0.69% increase, reaching 4,399.77. However, the Dow Jones Industrial Average (DJIA) fell by 0.11%, settling at 34,463.69.
Breaking a Losing Streak
The rise in GameStop’s stock price put an end to a five-day losing streak.
Below 52-Week High
GameStop Corp. Cl A closed the day $17.72 below its 52-week high of $36.20, which it achieved on August 22nd.
Comparing Performance
In comparison to some of its competitors, GameStop’s stock performance was mixed. Apple Inc. (AAPL) saw a rise of 0.77%, reaching $175.84. AT&T Inc. (T) also experienced a modest increase of 0.36%, settling at $14.10. Furthermore, Best Buy Co. Inc. (BBY) witnessed a rise of 0.37%, reaching $78.88.
Trading Volume
The trading volume for GameStop on Monday was 2.9 million shares, which was 600,413 shares below its 50-day average volume of 3.5 million shares.
