Shares of GameStop Corp. Cl A GME, -6.91% slid 6.91% to $167.62 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX, +0.12% rising 0.12% to 4,374.30 and the Dow Jones Industrial Average DJIA, +0.13% rising 0.13% to 34,933.23. This was the stock’s fourth consecutive day of losses. GameStop Corp. Cl A closed $315.38 below its 52-week high ($483.00), which the company reached on January 28th.
The stock underperformed when compared to some of its competitors Wednesday, as Apple Inc. AAPL, +2.41% rose 2.41% to $149.15, AT&T Inc. T, -0.04% fell 0.04% to $28.26, and Best Buy Co. Inc. BBY, +0.04% rose 0.04% to $109.91. Trading volume (3.7 M) remained 3.0 million below its 50-day average volume of 6.8 M.