New data suggests GameStop's latest surge is being driven by institutions rather than retail traders
Lucas Jackson/Reuters
GameStop is back above $200, but retail investors might not be behind the push upward in recent sessions, according to VandaTrack.There was no sign "whatsoever" of retail investors driving the price action with net dollar purchases of $8.1 million on Tuesday, says one strategist.The arrival of stimulus checks may spur more retail investors to buy GameStop and other popular stocks.Visit the Business section of Insider for more stories.
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