GameStop stock skyrockets after Roaring Kitty reveals his $116M stake
Business Insider - 2024-06-03T00:00:00.000Z

GameStop shares surged ahead of Monday's opening bell after trader Keith Gill, who posts on social media under the aliases "Roaring Kitty" and "DeepFuckingValue," revealed he holds a $116 million stake in the struggling retailer.The stock was up 84% in premarket trading shortly before 5:00 a.m. ET after an account snapshot posted on Reddit's r/SuperStonk forum revealed that Gill holds five million GameStop shares.Late on Sunday the trader also posted a picture of a reverse "Uno" card on X, which...

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GameStop Soars Premarket on 'Roaring Kitty' Keith Gill's $116M Bet Post
GameStop shares more than doubled after the Reddit account that drove the meme-stock mania of 2021 posted what appeared to be a $116 million position in the game retailer. The June 2, 2024 screenshot by Keith Gill, who goes by DeepF— Value on Reddit, couldn’t be verified. It shows five million shares bought at $21.27 apiece. It was the account’s first post in three years. (Source: Bloomberg)
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In related news

GameStop Memecoin Surges Over 300% After "Roaring Kitty" Reveals $181.4 Million Stake

GameStop rallies overnight as Roaring Kitty reveals $180M GME position

GameStop Soars Premarket on 'Roaring Kitty' Keith Gill's $116M Bet Post