Shares of GameStop Corp. Cl A (GME) had a solid trading session on Tuesday, gaining 3.90% and closing at $16.00. This uptick in stock price coincided with a positive overall performance in the stock market, with the S&P 500 Index (SPX) rising 0.52% to 4,358.24 and the Dow Jones Industrial Average (DJIA) increasing by 0.40% to 33,739.30.
This marks the third consecutive day of gains for GameStop Corp. Cl A.
Despite the positive momentum, GameStop Corp. Cl A closed at a price of $16.00, which is $18.99 below its 52-week high of $34.99 that was achieved on October 31st.
Comparatively, GameStop Corp. Cl A outperformed some of its competitors on Tuesday. While Apple Inc (AAPL) saw a decline of 0.34% to $178.39, AT&T Inc. (T) experienced a rise of 1.56% to $14.96, and Best Buy Co. Inc. (BBY) increased by 0.19% to $70.38.
The trading volume for GameStop Corp. Cl A on Tuesday was 2.9 million shares, which is lower than the 50-day average volume of 3.1 million shares.
