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When Cap-Weighted Small-Cap Funds Own “Meme” Stocks

By Jeff Weniger, CFA, Head of Equity Strategy GameStop may be out of the news cycle, but it is not out of portfolios. The stock was on offer for as little as $3.85 per share last July, before Reddit’s “Wall Street Bets” message board got its hands on the heavily shorted stock, creating a squeeze...
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