Stock Market Analysis Today – GameStop Corp. Cl A stock rises Monday, outperforms market
Shares of GameStop Corp. Cl A
GME,
jumped 18.34% to $120.40 Monday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index
SPX,
rising 2.38% to 3,901.82 and the Dow Jones Industrial Average
DJIA,
rising 1.95% to 31,535.51. GameStop Corp. Cl A closed $362.60 below its 52-week high ($483.00), which the company achieved on January 28th.
The stock outperformed some of its competitors Monday, as Apple Inc.
AAPL,
rose 5.39% to $127.79, AT&T Inc.
T,
rose 0.72% to $28.09, and Best Buy Co. Inc.
BBY,
rose 1.34% to $101.69. Trading volume (49.3 M) eclipsed its 50-day average volume of 44.5 M.
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Stock Market Analysis Today – GameStop Corp. Cl A stock rises Monday, outperforms market