GameStop Joined the Russell 1000. The Move Might Hurt the Stock.

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GameStop Joined the Russell 1000. The Move Might Hurt the Stock.

Barrons2021-06-27

The Reddit army has succeeded in launching GameStop to a new stratosphere—but it could actually hurt the stock in the short-term. The videogame retailer officially made it into the Russell 1000 index,...

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Bea7
·2021-06-28
?
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1
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Lavender00
·2021-06-28
Landed on the moon
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Wallstrtbets
·2021-06-28
Jealous.
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1
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Yihuai
·2021-06-28
Strange times
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1
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Klord
·2021-06-28
Push and push and push
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2
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STKG
·2021-06-28
Yet to know. Looking forward.
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3
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zooj
·2021-06-28
No longer a meme stock?
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2
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JTEnver
·2021-06-28
I guess we're going to have to wait longer for them tendies.
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2
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rayy
·2021-06-28
拉力
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2
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SPOT_ON
·2021-06-28
Like my post
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3
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SPOT_ON
·2021-06-28
Hmmmmmm
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jk0726
·2021-06-28
Good
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1
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andrew123
·2021-06-28
Nice. Like n comment
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4
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- wywy:
  morning
  2021-06-28
  Reply
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EstherTurtle
·2021-06-28
Ooo
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2
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JayTan
·2021-06-28
Like and comment pls
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3
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- Thyroxineszx:
  ?
  2021-06-28
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tsuki05
·2021-06-28
[捂脸]
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Mclye
·2021-06-28
Pls like
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- JayTanReplying toMclye:
  [Miser]
  2021-06-28
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- JayTan:
  Like and comment pls
  2021-06-28
  Reply
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- Mclye:
  ?
  2021-06-28
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Mr. T
·2021-06-28
Doesn’t Russel my feathers ?
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6
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phantom74
·2021-06-28
Pls like
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moliya
·2021-06-28
GME
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1
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The Move Might Hurt the Stock.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-27 08:18 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/gamestop-stock-russell-1000-51624729113?mod=hp_LATEST><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Reddit army has succeeded in launching GameStop to a new stratosphere—but it could actually hurt the stock in the short-term.\nThe videogame retailer officially made it into the Russell 1000 index,...</p>\n\n<a href=\"https://www.barrons.com/articles/gamestop-stock-russell-1000-51624729113?mod=hp_LATEST\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"GME","symbol_name":"游戏驿站","start_time":0,"source_url":"https://www.barrons.com/articles/gamestop-stock-russell-1000-51624729113?mod=hp_LATEST","article_id":"1172710941","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1172710941","pubTimestamp":1624753126,"sourceInfo":{"source_id":"lsy1601382232898","name":"Barrons"},"weMediaInfo":null,"summary":"The Reddit army has succeeded in launching GameStop to a new stratosphere—but it could actually hurt the stock in the short-term.The videogame retailer officially made it into the Russell 1000 index,FTSE Russell announced on Saturday. 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The Russell 1000 tracks large-capitalization stocks—and in order to be included in the latest index reconstitution, stocks had to have market caps of at least $7.3 billion on May 7.\nAs one of the stocks favored by retail traders this year, GameStop (ticker: GME) met that threshold because it had an $11.2 billion market cap by the deadline, while AMC Entertainment(AMC) didn’t. That said, AMC has rocketed higher since May 7, multiplying by more than five times and surpassing GameStop’s market value—hitting a recent $27 billion compared to GameStop’s $15 billion.\nIt may seem counterintuitive, but the Russell 1000 “promotion” may actually be bad for GameStop’s stock,as Barron’s explained earlier this month.Funds that track the small-capRussell 2000will have to sell GameStop shares on June 28, and funds that track the Russell 1000 will have to buy them. 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Looking forward.&nbsp;","listText":"Yet to know. Looking forward.&nbsp;","text":"Yet to know. Looking forward.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/127363220","repostId":1172710941,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":127388359,"gmtCreate":1624835858371,"gmtModify":1703845627722,"author":{"id":"4087198407328590","authorId":"4087198407328590","name":"zooj","avatar":"https://static.tigerbbs.com/d46910e5f7b05969fd7caaa927b414e0","vip":1,"hat":"https://static.tigerbbs.com/ae1f49570794979e009a5efdeb6f4789","crmLevel":8,"crmLevelSwitch":1},"htmlText":"No longer a meme stock?","listText":"No longer a meme stock?","text":"No longer a meme stock?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/127388359","repostId":1172710941,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":127383022,"gmtCreate":1624835793066,"gmtModify":1703845624110,"author":{"id":"3569978357499516","authorId":"3569978357499516","name":"JTEnver","avatar":"https://static.tigerbbs.com/af69d4e71395602d8cede2c1956e94c0","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"I guess we're going to have to wait longer for them tendies.&nbsp;","listText":"I guess we're going to have to wait longer for them tendies.&nbsp;","text":"I guess we're going to have to wait longer for them tendies.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/127383022","repostId":1172710941,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":127334854,"gmtCreate":1624835082578,"gmtModify":1703845604620,"author":{"id":"3581588732535792","authorId":"3581588732535792","name":"rayy","avatar":"https://static.tigerbbs.com/4b1d18f478692e796c5be72de0341b57","vip":1,"crmLevel":1,"crmLevelSwitch":0},"htmlText":"拉力","listText":"拉力","text":"拉力","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/127334854","repostId":1172710941,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":127335734,"gmtCreate":1624835046328,"gmtModify":1703845603958,"author":{"id":"3582922989777578","authorId":"3582922989777578","name":"SPOT_ON","avatar":"https://static.tigerbbs.com/080f029371339d9db26930961de6adb1","vip":1,"hat":"https://static.tigerbbs.com/a3dee1aa3a3a3c1814833a4d3f8a5669","crmLevel":4,"crmLevelSwitch":1},"htmlText":"Like my post&nbsp;","listText":"Like my post&nbsp;","text":"Like my post","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/127335734","repostId":1172710941,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":127335281,"gmtCreate":1624835026243,"gmtModify":1703845603294,"author":{"id":"3582922989777578","authorId":"3582922989777578","name":"SPOT_ON","avatar":"https://static.tigerbbs.com/080f029371339d9db26930961de6adb1","vip":1,"hat":"https://static.tigerbbs.com/a3dee1aa3a3a3c1814833a4d3f8a5669","crmLevel":4,"crmLevelSwitch":1},"htmlText":"Hmmmmmm","listText":"Hmmmmmm","text":"Hmmmmmm","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/127335281","repostId":1172710941,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":127330730,"gmtCreate":1624834691920,"gmtModify":1703845593922,"author":{"id":"4087884674407470","authorId":"4087884674407470","name":"jk0726","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/127330730","repostId":1172710941,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":127330826,"gmtCreate":1624834648365,"gmtModify":1703845593108,"author":{"id":"3576260758860416","authorId":"3576260758860416","name":"andrew123","avatar":"https://community-static.tradeup.com/news/f3e049e64de259e717c6e652c0aca653","vip":1,"hat":"https://static.tigerbbs.com/4c5ceab71416b120bab4604c0754b52a","crmLevel":5,"crmLevelSwitch":0},"htmlText":"Nice. Like n comment","listText":"Nice. Like n comment","text":"Nice. Like n comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/127330826","repostId":1172710941,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5042987,"gmtCreate":1624834935321,"gmtModify":1663230150746,"authorId":3566982670449095,"author":{"id":3566982670449095,"authorId":3566982670449095,"name":"wywy","avatar":"https://static.tigerbbs.com/76ed86374fc7b16c12094c45ea30787c","vip":2,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-1","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Elite Trader","description":"Total number of securities or futures transactions reached 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