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International Business Times
International Business Times
Business

GameStop Shares Steady Near $24 Amid Acquisition Speculation and Upcoming Earnings Report

GameStop Corp. (NYSE: GME) closed Thursday, March 5, 2026, at $23.88, up modestly by $0.01 or 0.04% from the previous session, according to aggregated data from Yahoo Finance, Nasdaq and other tracking platforms. The meme-stock favorite opened at approximately $23.80, traded in a narrow range between $23.53 and $24.23, and saw volume of about 5.29 million shares — in line with recent averages but below the frenzied levels of past squeezes.

The performance came amid a broader market downturn driven by geopolitical tensions in the Middle East and rising oil prices, which pressured equities. GameStop, however, showed relative stability, trading flat to slightly positive while the Dow Jones Industrial Average fell sharply. Year-to-date, GME has gained around 18-19%, though it remains well below its 52-week high of $35.81 and above the low of $19.93.

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