Shares of GameStop Corp. Cl A (GME) experienced a slight increase of 0.30% on Thursday, closing at $16.98. This rise came during a highly successful trading session for the overall stock market. The S&P 500 Index (SPX) surged by 1.03% to reach 4,746.75, while the Dow Jones Industrial Average (DJIA) saw a rise of 0.87% to reach 37,404.35.
This upward movement in GameStop’s stock price ended a two-day period of losses. However, the stock still closed $10.67 below its 52-week high of $27.65, which it achieved on June 13th.
In comparison to some of its competitors, GameStop demonstrated a mixed performance. Apple Inc. (AAPL) saw a minor decrease of 0.08% to close at $194.68. On the other hand, AT&T Inc. (T) experienced a gain of 0.55%, closing at $16.49, and Best Buy Co. Inc. (BBY) rose by 0.28% to $75.82.
The trading volume for GameStop on Thursday was recorded at 3.8 million shares, which is 3.0 million shares lower than its 50-day average volume of 6.9 million.
