Shares of GameStop Corp. Cl A GME, -3.83% shed 3.83% to $18.59 Wednesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index SPX, -0.76% falling 0.76% to 4,404.33 and Dow Jones Industrial Average DJIA, -0.52% falling 0.52% to 34,765.74.
This was the stock’s third consecutive day of losses.
GameStop Corp. Cl A closed $25.77 short of its 52-week high ($44.36), which the company reached on August 17th.
The stock underperformed when compared to some of its competitors Wednesday, as Apple Inc. AAPL, -0.50% fell 0.50% to $176.57, AT&T Inc. T, -0.28% fell 0.28% to $14.10, and Best Buy Co. Inc. BBY, -0.05% fell 0.05% to $78.44.
Trading volume (2.8 M) remained 1.0 million below its 50-day average volume of 3.9 M.