GameStop was the most traded equity today, beating Tesla and Apple

Reddit and its r/wallstreetbets has seen $20 billion of volume traded in 24 hours, beating out established giants in Apple, Tesla.

@anthony256
Published Wed, Jan 27 2021 7:00 PM CST   |   Updated Wed, Mar 3 2021 4:34 AM CST

It comes as a big -- and I guess not-so-big surprise -- that GameStop Corp ($GME) was the most traded equity on the planet today with over $20 billion in volume.

The news is coming directly from Senior ETF Analyst for Bloomberg Intelligence, Eric Balchunas, who tweeted the news sand said it was "surreal". GameStop beat out giants like Tesla (just, with Tesla seeing $19.7 billion of trades today) while Apple trails behind with $13.4 billion.

Microsoft is behind even more with $10.9 billion, and Amazon with $9.5 billion. AMD is up there with $5.3 billion traded today, as is Facebook with $5.3 billion and Alphabet with $2.9 billion. GameStop is unstoppable right now.

GameStop was the most traded equity today, beating Tesla and Apple 07 | TweakTown.com
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Anthony is a long time PC enthusiast with a passion of hate for games built around consoles. FPS gaming since the pre-Quake days, where you were insulted if you used a mouse to aim, he has been addicted to gaming and hardware ever since. Working in IT retail for 10 years gave him great experience with custom-built PCs. His addiction to GPU tech is unwavering.

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