News

GameStop Corp. Cl A Shares Increase 1.23%

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4.5

Andrew R. Michaud

• August 01, 2023

Shares of GameStop Corp. Cl A (GME) experienced a notable increase of 1.23% on Monday, reaching a price of $22.20. This positive gain took place during an overall favorable trading session in the stock market.

Market Summary

The S&P 500 Index (SPX) rose by 0.15% to reach 4,588.96. Similarly, the Dow Jones Industrial Average (DJIA) surged by 0.28% and closed at 35,559.53. GameStop Corp. Cl A successfully ended a four-day streak of losses with its upward movement in share price.

Approaching Its 52-Week High

GameStop Corp. Cl A fell short of its 52-week high by concluding the day at $25.79 below the peak value of $47.99, which was achieved on August 8th.

Outperforming Competitors

During Monday's trading session, GameStop Corp. Cl A outperformed a number of its competitors. Apple Inc. (AAPL) saw a 0.32% increase, closing at $196.45. AT&T Inc. (T) also experienced growth, rising by 0.48% to reach $14.52. Best Buy Co. Inc. (BBY) witnessed a slight increase of 0.18%, resulting in a closing price of $83.05.

Notable Trading Volume

The trading volume for GameStop Corp. Cl A reached 2.0 million shares, which fell 2.2 million shares below its 50-day average volume of 4.2 million shares.