GameStop levels up 1.52% in Wednesday's session; traders eye opening bell in 6 hours time

Published: November 25 2022, 07:56 GMT+0

GameStop levels up 1.52% in Wednesday's session; traders eye opening bell in 6 hours time

Investors are currently sidelined due to the Thanksgiving holiday but will return to their desks today. Looking back over the previous session Wednesday: having ended a bullish session Wednesday at $26.7, momentum helped GameStop Corp. finish the day 40 cents or 1.52% higher, although mixed sentiments ensured the world's largest gaming merchandise retailer etched out a distinct $25.92 to $27.14 session range.

A look at other consumer discretionary stocks also showed bullish price action as Tesla was up 7.82%. Walt Disney traded at $98.88 after closing Wednesday's trading day at $96.21 (up 2.78%). Alibaba was up 3.3%.

GameStop has shed $185.08 points and is languishing 87.56% lower over the past year, leaving its yearly highs around $211.78 in the rear-view mirror.

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