5 Biggest Stocks with Negative Beta

4. GameStop Corp. (NYSE:GME)

Market Cap as of September 13: $5.4B

GameStop Corp. (NYSE:GME), which gained fame when Redditors launched a short squeeze against hedge funds shorting the stock, recently posted strong quarterly results. Adjusted EPS in the second quarter came in at -$0.03 beating estimates by $0.11. Revenue in the period jumped 1.8% year over year to $1.16 billion, beating estimates by $20 million.

As of the end of the second quarter, 10 hedge funds had stakes in GameStop Corp. (NYSE:GME), according to Insider Monkey’s database.