The ETFs most exposed to Reddit darling GameStop
Passive industry owns a fifth of shares
GameStop has overtaken Tesla as the most traded stock of late. Photo: Mike Mozart/Flickr CC BY 2.0
Almost 100 ETFs are exposed to America's most-traded stock, with a total 13.6m shares representing a 19% stake in GameStop, according to data from Logicly.
When the closing bell rang yesterday, GME's share price was $193.60, resulting in the passive industry's stake being worth $2.6bn. However, in pre-market trading, the price has risen more than 100% to...
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