Shares of GameStop Corp. Cl A (GME) experienced a 2.11% decline on Thursday, in line with a generally lackluster trading session for the stock market. The S&P 500 Index (SPX) fell by 0.64% to 4,537.41, while the Dow Jones Industrial Average (DJIA) experienced a similar decline of 0.67% to 35,282.72.
Continuous Downward Trend for GameStop Corp. Cl A
This marked the third consecutive day of losses for GameStop Corp. Cl A. The stock closed at $22.22, which was $25.77 below its 52-week high of $47.99 achieved on August 8th.
Mixed Performance Compared to Competitors
When comparing GameStop Corp. Cl A’s performance to some of its competitors on Thursday, it displayed a mixed trend. Apple Inc. (AAPL) fell by 0.66% to $193.22, AT&T Inc. (T) saw a decline of 2.55% to $14.51, and Best Buy Co. Inc. (BBY) experienced a decrease of 0.81% to $83.54.
Trading Volume Lower Than Average
The trading volume for GameStop Corp. Cl A remained at 3.3 M shares, which was 847,410 shares below its 50-day average volume of 4.2 M.