_gamestop-surges-50-as-speculation-grows-on-keith-gill39s-aka-39roaring-kitty39-massive-position.jpg "GameStop Surges 50% as Speculation Grows on Keith Gill's, aka 'Roaring Kitty,' Massive Position from kitty nudist Video Screenshot Preview")
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⏲ Duration: 0:45
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✓ Published: 04-Jun-2024
👁 View: 160K times
✓ Published: 04-Jun-2024
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The meme stock GameStop rallied again Monday on speculation that Keith Gill, the man who inspired 2021's epic short squeeze, could have a huge position in the video game retailer. Shares were last about 50% higher, trading above $34 apiece. Gill, known as Roaring Kitty on YouTube and X, reappeared Sunday night, posting a screenshot suggesting he holds 5 million shares and 120,000 call options in GameStop. Gill's recent return to social media has sparked buying frenzies among amateur traders, leading to a more than doubling GameStop's share price in May alone. GameStop took advantage of this rally by raising over $900 million in a stock sale.
The meme stock GameStop rallied again Monday on speculation that Keith Gill, the man who inspired 2021's epic short squeeze, could have a huge position in the video game retailer. Shares were last about 50% higher, trading above $34 apiece. Gill, known as Roaring Kitty on YouTube and X, reappeared Sunday night, posting a screenshot suggesting he holds 5 million shares and 120,000 call options in GameStop. Gill's recent return to social media has sparked buying frenzies among amateur traders, leading to a more than doubling GameStop's share price in May alone. GameStop took advantage of this rally by raising over $900 million in a stock sale.
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_gamestop-surges-50-as-speculation-grows-on-keith-gill39s-aka-39roaring-kitty39-massive-position.webp "The meme stock GameStop rallied again Monday on speculation that Keith Gill, the man who inspired 2021's epic short squeeze, could have a huge position in the video game retailer. Shares were last about 50% higher, trading above $34 apiece. Gill, known as Roaring Kitty on YouTube and X, reappeared Sunday night, posting a screenshot suggesting he holds 5 million shares and 120,000 call options in GameStop. Gill's recent return to social media has sparked buying frenzies among amateur traders, leading to a more than doubling GameStop's share price in May alone. GameStop took advantage of this rally by raising over $900 million in a stock sale.")
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_gamestop-rally-continues-following-return-of-39roaring-kitty39.webp "GameStop Rally , Continues Following Return of, 'Roaring Kitty' .<br/>On June 3, meme stock GameStop rallied on rumors that <br/>Keith Gill, the inspiration for the stock's 2021 short squeeze, <br/>may be holding a significant share of the company..<br/>NBC reports that Gill, otherwise known as Roaring Kitty on YouTube <br/>and X, posted a screenshot of what is believed to be his <br/>extensive GameStop portfolio of common shares and call options. .<br/>NBC reports that Gill, otherwise known as Roaring Kitty on YouTube <br/>and X, posted a screenshot of what is believed to be his <br/>extensive GameStop portfolio of common shares and call options. .<br/>According to the image shared on Reddit's <br/>r/SuperStonk forum, Gill is holding 5 million shares <br/>of GameStop with an estimated worth of $115.7 million. .<br/>According to the image shared on Reddit's <br/>r/SuperStonk forum, Gill is holding 5 million shares <br/>of GameStop with an estimated worth of $115.7 million. .<br/>The post also showed 120,000 call <br/>options with a strike price of $20. .<br/>On May 31, GameStop <br/>shares closed at $23.14.<br/>As a result of Roaring Kitty's post, <br/>shares in GameStop were up almost 84%,<br/>reaching $42.55 in premarket trading.<br/>NBC reports that around the same time as <br/>the Reddit post, Gill also made a cryptic post <br/>on X of a 'Reverse' card from the game 'Uno.'.<br/>NBC reports that around the same time as <br/>the Reddit post, Gill also made a cryptic post <br/>on X of a 'Reverse' card from the game 'Uno.'.<br/>Three weeks ago, Gill's first return to social media <br/>led to an initial rally for GameStop that saw <br/>shares more than double for the month of May.<br/>Three weeks ago, Gill's first return to social media <br/>led to an initial rally for GameStop that saw <br/>shares more than double for the month of May.<br/>In response to the May rally, <br/>GameStop capitalized by raising <br/>over $900 million in a stock sale.<br/>The rally comes as GameStop continues to struggle <br/>amid the transition away from brick-and-mortar <br/>video game stores and towards online gaming. .<br/>The rally comes as GameStop continues to struggle <br/>amid the transition away from brick-and-mortar <br/>video game stores and towards online gaming.")
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