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GameStop Corp. Cl A Stock Shows Modest Gain in Positive Trading Session

by Myfxtools
August 9, 2023
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Shares of GameStop Corp. Cl A (GME) experienced a slight uptick of 0.43% on Monday, closing at $21.07. This positive movement aligned with the overall upward trend of the stock market. The S&P 500 Index (SPX) rose by 0.90% to reach 4,518.44, while the Dow Jones Industrial Average (DJIA) increased by 1.16% to reach 35,473.13.

Notably, this marked the third consecutive day of gains for GameStop Corp Cl A.

Although the stock closed at $26.92 lower than its 52-week high of $47.99, which was reached on August 8th, it still demonstrated a competitive performance compared to other companies in the industry. Apple Inc. (AAPL) saw a decrease of 1.73% to $178.85, while AT&T Inc. (T) showed a modest increase of 0.07% to $14.01. Additionally, Best Buy Co. Inc. (BBY) experienced a slight gain of 0.30% to $80.07.

Despite trading volume remaining at 1.4 million shares, which is 2.6 million below its 50-day average volume of 4.0 million shares, GameStop Corp Cl A displayed resilience in the market.

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