Shares of GameStop Corp. (GME) experienced a decline of 0.17% on Tuesday, settling at $17.52. This downtrend occurred within a rather gloomy trading session for the stock market, with both the S&P 500 Index (SPX) and the Dow Jones Industrial Average (DJIA) witnessing drops of 0.22% and 0.31%, respectively.
This marks the third consecutive day of losses for GameStop Corp. (GME). It is disheartening news for investors as the stock closed $17.47 below its 52-week high of $34.99, which was achieved on October 31st.
In comparison, GameStop Corp. (GME) did not perform as well as some of its competitors on Tuesday. Whereas Apple Inc. (AAPL) saw a rise of 0.62% to reach $179.07, AT&T Inc. (T) experienced a gain of 0.80% to settle at $15.21, and Best Buy Co. Inc. (BBY) showed an increase of 1.13% to reach $71.44.
The trading volume for GameStop Corp. (GME) on Tuesday was reported at 2.6 million shares, which falls short by 300,380 shares in comparison to its 50-day average volume of 2.9 million shares.