Light & Wonder (LNW) is held by 13 ASX ETFs. Over the last year it fell 5.8%: on $10,000, −$583. We explain 7 big moves in that time.
About LNW
- SectorConsumer Discretionary
- IndustryConsumer Services
- Size$8.6b
- Held by13 ETFs
- Big moves7 in 1Y
Each dot is a move we explain. Tap one, or a row of Why it moved, to see what caused it.
Why it moved
- −1.5%peak −5.9%1 Sep 2026· Unknown
The stock fell sharply with no company announcement, likely driven by an unknown stock-specific event or large seller given the extreme volume spike far exceeding the mild sector decline.
- −8.3%8 May 2026· Earnings Miss
Light & Wonder's Q1 2026 results were below expectations, triggering a sharp sell-off.
- −9.2%13 Feb 2026· Earnings Miss
Light & Wonder shares fell sharply on February 12, 2026, likely due to an earnings miss or negative company-specific news, though no specific catalyst is detailed in the provided articles.
- +18.0%12 Jan 2026· Regulatory
Light & Wonder agreed to pay Aristocrat A$190 million to settle trade secret litigation, removing a major legal overhang for the stock.
- +5.9%27 Nov 2025· Unknown
No specific news explains the move; likely a broad market or sector flow.
- +11.0%11 Nov 2025· Regulatory
The stock price surged following news of Light & Wonder's shift to an ASX listing, likely due to increased investor interest and market accessibility.
- +8.2%6 Nov 2025· Unknown
Insufficient news evidence to determine the cause of the abnormal price move.
Held by 13 ETFs
Of every $10,000 in each fund, how much is in LNW today.
- EX20BetaShares Australian Ex-20 Portfolio Diversifier ETF$820.82%
- GEARBetaShares Geared Australian Equities Complex ETF$690.69%
- GRPAGlobal X S&P Australia GARP ETF$590.59%
- SFYSTATE STREET SPDR S&P/ASX 50 ETF$410.41%
- VASVanguard Australian Shares Index ETF$380.38%
- QOZBetaShares FTSE RAFI Australia 200 ETF$340.34%
- AYLDGlobal X S&P/ASX 200 Covered Call Complex ETF$330.33%
- IOZiShares Core S&P/ASX 200 ETF$320.32%
- STWSTATE STREET SPDR S&P/ASX 200 ETF$320.32%
- AUSTBetaShares Managed Risk Australian Shares Complex ETF$310.31%
Why did LNW rise 18.0% on 12 Jan 2026?
Light & Wonder
Light & Wonder agreed to pay Aristocrat A$190 million to settle trade secret litigation, removing a major legal overhang for the stock.
Multiple news articles directly report that Light & Wonder agreed to pay AU$190 million to settle litigation with Aristocrat, and this headline is explicitly linked to the 16-17% price surge on 2026-01-11. The resolution of the litigation was widely described as clearing a 'major legal overhang', resolving uncertainty for shareholders. This is a discrete, material legal event rather than an earnings, operational, or sector-driven cause.
General information only, not personal advice — prepared without regard to your objectives, financial situation or needs. Past performance is not indicative of future performance.
Evidence
News coverage
What it did to the 13 ETFs holding LNW
On $10,000 in each fund, at the weight it holds today
- EX200.82% of the fund+$15
- GEAR0.69% of the fund+$12
- GRPA0.59% of the fund+$11
- SFY0.41% of the fund+$7
- VAS0.38% of the fund+$7
- QOZ0.34% of the fund+$6
- AYLD0.33% of the fund+$6
- IOZ0.32% of the fund+$6
- STW0.32% of the fund+$6
- AUST0.31% of the fund+$6
The 10 that hold it most. All 13 are listed on the page under Held by.