GameStop Rally Continues Following Return of 'Roaring Kitty'
- 18 days ago
GameStop Rally , Continues Following Return of, 'Roaring Kitty' .
On June 3, meme stock GameStop rallied on rumors that
Keith Gill, the inspiration for the stock's 2021 short squeeze,
may be holding a significant share of the company. .
NBC reports that Gill, otherwise known as Roaring Kitty on YouTube
and X, posted a screenshot of what is believed to be his
extensive GameStop portfolio of common shares and call options. .
NBC reports that Gill, otherwise known as Roaring Kitty on YouTube
and X, posted a screenshot of what is believed to be his
extensive GameStop portfolio of common shares and call options. .
According to the image shared on Reddit's
r/SuperStonk forum, Gill is holding 5 million shares
of GameStop with an estimated worth of $115.7 million. .
According to the image shared on Reddit's
r/SuperStonk forum, Gill is holding 5 million shares
of GameStop with an estimated worth of $115.7 million. .
The post also showed 120,000 call
options with a strike price of $20. .
On May 31, GameStop
shares closed at $23.14.
As a result of Roaring Kitty's post,
shares in GameStop were up almost 84%,
reaching $42.55 in premarket trading.
NBC reports that around the same time as
the Reddit post, Gill also made a cryptic post
on X of a 'Reverse' card from the game 'Uno.'.
NBC reports that around the same time as
the Reddit post, Gill also made a cryptic post
on X of a 'Reverse' card from the game 'Uno.'.
Three weeks ago, Gill's first return to social media
led to an initial rally for GameStop that saw
shares more than double for the month of May.
Three weeks ago, Gill's first return to social media
led to an initial rally for GameStop that saw
shares more than double for the month of May.
In response to the May rally,
GameStop capitalized by raising
over $900 million in a stock sale.
The rally comes as GameStop continues to struggle
amid the transition away from brick-and-mortar
video game stores and towards online gaming. .
The rally comes as GameStop continues to struggle
amid the transition away from brick-and-mortar
video game stores and towards online gaming.
On June 3, meme stock GameStop rallied on rumors that
Keith Gill, the inspiration for the stock's 2021 short squeeze,
may be holding a significant share of the company. .
NBC reports that Gill, otherwise known as Roaring Kitty on YouTube
and X, posted a screenshot of what is believed to be his
extensive GameStop portfolio of common shares and call options. .
NBC reports that Gill, otherwise known as Roaring Kitty on YouTube
and X, posted a screenshot of what is believed to be his
extensive GameStop portfolio of common shares and call options. .
According to the image shared on Reddit's
r/SuperStonk forum, Gill is holding 5 million shares
of GameStop with an estimated worth of $115.7 million. .
According to the image shared on Reddit's
r/SuperStonk forum, Gill is holding 5 million shares
of GameStop with an estimated worth of $115.7 million. .
The post also showed 120,000 call
options with a strike price of $20. .
On May 31, GameStop
shares closed at $23.14.
As a result of Roaring Kitty's post,
shares in GameStop were up almost 84%,
reaching $42.55 in premarket trading.
NBC reports that around the same time as
the Reddit post, Gill also made a cryptic post
on X of a 'Reverse' card from the game 'Uno.'.
NBC reports that around the same time as
the Reddit post, Gill also made a cryptic post
on X of a 'Reverse' card from the game 'Uno.'.
Three weeks ago, Gill's first return to social media
led to an initial rally for GameStop that saw
shares more than double for the month of May.
Three weeks ago, Gill's first return to social media
led to an initial rally for GameStop that saw
shares more than double for the month of May.
In response to the May rally,
GameStop capitalized by raising
over $900 million in a stock sale.
The rally comes as GameStop continues to struggle
amid the transition away from brick-and-mortar
video game stores and towards online gaming. .
The rally comes as GameStop continues to struggle
amid the transition away from brick-and-mortar
video game stores and towards online gaming.