GME - Stock Markets Fall but GameStop and Clean Energy Fuels Are on the Rise
Investors have been in a good mood about the stock market lately, but that positive sentiment came to at least a temporary end on Monday. Major market benchmarks lost ground as market participants tried to figure out what the next steps will be following an anticipated economic recovery. As of 12:15 p.m. EDT, the Dow Jones Industrial Average (DJINDICES: ^DJI) was down 142 points to 34,059. The S&P 500 (SNPINDEX: ^GSPC) had fallen 24 points to 4,162, and the Nasdaq Composite (NASDAQINDEX: ^IXIC) was down 154 points to 13,899.
Even on a down day for the broader market, there were still some prominent winners on Wall Street. GameStop (NYSE: GME) saw another surge higher as the video game retailer made another big move in its executive suite. Meanwhile, Clean Energy Fuels (NASDAQ: CLNE) announced what could become a game-changing collaboration.
Shares of GameStop rose more than 8% early Monday afternoon. The company has been going through a major upheaval recently, and its latest move will have a potentially dramatic impact on its future strategic course.
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Stock Markets Fall, but GameStop and Clean Energy Fuels Are on the Rise