The Gamestop stock price is currently trading at $14.49 and is down by 0.21% in the last 24 hours. It is almost 50% less than its 52-week high price of $27.65. While the market capitalization is $4.43 billion, the 24-hour trading volume is slightly less than $3 billion.

Gamestop has been making headlines in the crypto industry for the past few years with its entry and exit from the NFT industry. Most recently, it announced a wind-down of its NFT marketplace due to regulatory uncertainties in the industry. Its market performance is going in line with the broader S&P 500 index with no significant highs or lows.

Gamestop Stock Market Performance in the Last Week

The Gamestop stock price dropped considerably in the last week, starting with $15.16 on Monday, January 22, 2024. In the next couple of days, it plunged to as low as $13.84 on January 24, 2024. However, by the end of the week its price increased significantly.

The Gamestop stock price surged by 4.09% and was trading at $14.52 on January 25, 2024. It even reached $14.65 on the same day While the overall S&P 500 index rose by 0.53% and was hovering around $4.894.16, the Dow Jones Industrial Average (DJIA) increased by 0.64% with a price of $38,049.13.

Overall, the GME stock outperformed its competitors by recording a significant price surge inline with the broader S&P 500 index on Thursday.

However, the GME stock price fell the next day and so the overall S&P 500 index price. Despite there being no significant surge on Friday, the Gamestop stock price outperformed its competitors again on January 26, 2024 and went to as high as $14.65. However, its price then dropped by 0.21% and closed the day at $14.49.

Even though the price dropped by 0.21%, the GME stock price outperformed its competitors like Apple Stock (AAPL), AT&T (T), and Best Buy Co. Inc. (BBY).

The post What Happened to Gamestop Stock Price Today? appeared first on CoinGape.

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Filed under: News - @ January 1, 1970 12:00 am