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They have? Blackrock just added 10% to their stake recently. Not to mention the former-Amazon staff that GameStop is hiring along with the header of BlockChain
by goldnugget92 5y ago
They have? Blackrock just added 10% to their stake recently. Not to mention the former-Amazon staff that GameStop is hiring along with the header of BlockChain at Microsoft mentioning working with GameStop on their new NFT Market Place.
Don't just get your news from Bloomberg or CNN.
- kasey_junk 5y agoBlackrock and Vanguard own GME because they operate the biggest S&P ETFs and mutual funds. GME has increased its percentage of the S&P because retail investors have bought the position. Blackrock is not taking a position that a short squeeze is possible they are just reacting to the index.
- odonnellryan 5y agoGME isn't in the SPX
- kasey_junk 5y agoThey are in sp400 which also makes them a constituent of sp1000. Further they are in sptmi which massive etfs like vanguards vti & blackrocks itot are benchmarked against st.
- odonnellryan 5y agoAh sorry - for some reason I thought you said SP500. Should not comment before coffee :(
- cuteboy19 5y agois this related to Microsoft shutting down Azure Blockchain due to lack of interest?