GameStop's Trading Volume Drops 44.94% to $25.6 Million, Ranking as One of the Worst-Performing Stocks

On June 23, 2025, GameStop's trading volume reached $25.6 million, marking a 44.94% decrease from the previous day. The stock closed at $22.83, down 2.64% from the previous day's close.

GameStop's stock performance has been under scrutiny, with the company experiencing significant volatility. On Thursday, GameStop was one of the worst-performing stocks, with a notable decline in its share price. The company's stock has seen a range of $18.73 to $35.81 over the past year, reflecting the market's mixed sentiment towards the retailer.

Institutional investors have been actively adjusting their positions in GameStop. Exchange Traded Concepts LLC acquired a new stake in the company, purchasing 20,830 shares valued at approximately $465,000. Other institutional investors, including Mitsubishi UFJ Asset Management Co. Ltd., Bessemer Group Inc., and Nomura Asset Management Co. Ltd., have also increased their holdings in GameStop. These moves indicate a growing interest from institutional investors despite the stock's recent volatility.

GameStop's insiders have also been active in the market. CEO Ryan Cohen acquired 500,000 shares at an average cost of $21.55 per share, increasing his ownership by 1.36%. Director Alain Attal also bought 10,000 shares at $25.75 per share, raising his stake by 1.78%. These insider purchases suggest confidence in the company's future prospects.

GameStop's recent earnings report showed a mixed performance. The company reported earnings per share (EPS) of $0.17 for the quarter, beating the consensus estimate of $0.04. However, revenue for the quarter was $732.40 million, slightly below the expected $754.23 million. The company's return on equity was 5.25%, and its net margin was 5.67%. Despite the revenue decline, the earnings beat suggests that GameStop is managing its costs effectively.