Shares of GameStop Corp. Cl A (GME) increased by 0.71% to reach $18.37 on Wednesday, contributing to the positive overall trading session for the stock market. The S&P 500 Index (SPX) rose by 0.38% to 4,514.87, while the Dow Jones Industrial Average (DJIA) also experienced a slight increase of 0.11% to reach 34,890.24.
Fourth Consecutive Day of Gains
GameStop Corp. Cl A has now marked its fourth consecutive day of gains. However, it closed $16.62 below its 52-week high of $34.99, which was reached on October 31st.
Mixed Performance Compared to Competitors
In comparison to some of its competitors, GameStop Corp. Cl A demonstrated a mixed performance on Wednesday. Apple Inc. (AAPL) saw a rise of 1.92% to $187.65, while AT&T Inc. (T) experienced a decrease of 0.27% to $14.73. Additionally, Best Buy Co. Inc. (BBY) saw a decline of 1.30% to $75.93.
Trading Volume Below Average
The trading volume for GameStop Corp. Cl A was recorded at 1.9 million shares, which is 605,661 shares below its 50-day average volume of 2.5 million.
