Shares of GameStop Corp. (GME) have experienced a notable decline, falling over 9.95% on January 14, 2025, and breaking below the $30 mark. The stock closed down more than 6% on that day, with trading volume surging as it hit new daily lows. Despite this downturn, GME has seen a 40% increase over the past three months. By January 16, 2025, GME shares were reported at $5.14, reflecting a 17% drop. The broader market sentiment appears to be negative, with other stocks like AMC also facing declines.