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The gaming retailer’s stock performance was notable in a buoyant market where the S&P 500 Index reached 4,263.75 and the Dow Jones Industrial Average hit 33,129.55. GameStop’s shares outperformed those of Apple Inc (NASDAQ:AAPL)., which were valued at $173.66, and Best Buy Co (NYSE:BBY)., priced at $68.56.
However, GameStop lagged behind AT&T (NYSE:T), which saw its shares trading at $14.65. The trading volume for GameStop was reported to be 2.6 million, falling below the 50-day average of 3.1 million.
While Wednesday’s performance marked an improvement for GameStop, it remains to be seen whether this upward trend will continue and how it will compare to its October high in the coming weeks.
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