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GameStop Corp. Cl A stock falls Friday, underperforms market

Shares of GameStop Corp. Cl A
GME,
-0.91%
slipped 0.91% to $20.69 Friday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index
SPX,
-0.16%
falling 0.16% to 4,124.08 and Dow Jones Industrial Average
DJIA,
-0.03%
falling 0.03% to 33,300.62.

The stock’s fall snapped a two-day winning streak.

GameStop Corp. Cl A closed $27.30 below its 52-week high ($47.99), which the company achieved on August 8th.

The stock underperformed when compared to some of its competitors Friday, as Apple Inc.
AAPL,
-0.54%
fell 0.54% to $172.57, AT&T Inc.
T,
+0.41%
rose 0.41% to $17.03, and Best Buy Co. Inc.
BBY,
+0.15%
rose 0.15% to $71.73.

Trading volume (2.0 M) remained 2.8 million below its 50-day average volume of 4.8 M.


Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.

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This article was written by Follow Manika is a macroeconomist with over 20 years of experience in industries including investment management, stock broking, investment...