Gamestop Corporation Common Sto (symbol: GME) was one of the worst losers
of the trading day today (2016-08-26), losing -10.63%. The number of shares
that changed hands was 14,483,780, or about 5 times the average daily
volume in the stock.
The closing price was $28.74, amounting to a market cap of $2,990,000,000,
about -39.65% off the highest price in the last 12 months. The stock has
been trading at a range between $24.33 and $47.62.
GME is in the Electronics Distribution industry, part of the Consumer
Services sector. It first went public in 2002.
Looking at its valuation, the stock is now trading at 7.68 times earnings.
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