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BlackRock had 13% of GameStop. That's more consistent with taking a real stake than just happening to own it along with a piece of everything else. https://ww
by the_local_host 6y ago
BlackRock had 13% of GameStop. That's more consistent with taking a real stake than just happening to own it along with a piece of everything else.
https://www.reuters.com/article/us-blackrock-investment-gamestop/blackrock-may-have-raked-in-2-4-billion-on-gamestops-retail-driven-stock-frenzy-idINKBN29W22T https://www.reuters.com/article/us-blackrock-investment-game...
- deleted 6y ago[deleted]
- MichaelDickens 6y agoBlackRock owns a similar % of the entire market, so this isn't too surprising. BlackRock has about $9 trillion AUM, and the global stock market is worth around $100 trillion. (Not all of that $9 trillion is stocks, but BlackRock still owns a notable percentage of the total stock market.)