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How Roaring Kitty's wealth went from $53,000 to nearly $300 million — and could one day top $1 billion - TL;DR CNBC

How Roaring Kitty's wealth went from $53,000 to nearly $300 million — and could one day top $1 billion

Publishing timestamp: 2024-06-04 12:50:21


Summary

Keith Gill, also known as "DeepF------Value," has seen his net worth soar to over $289 million thanks to his investment in GameStop. Despite potential concerns of market manipulation, Gill continues to hold onto his shares and call options, potentially making him the fourth-biggest shareholder in the company. However, the future of GameStop remains uncertain as it struggles to shift to e-commerce.


Sentiment: MIXED

Tickers: GME

Keywords: gamestop corpmarketsstock marketswall streetbreaking news: investingbreaking news: marketsbreaking news: businessinvestment strategybusiness news

Source: https://www.cnbc.com/2024/06/04/how-roaring-kittys-wealth-went-from-53000-to-nearly-300-million-and-could-one-day-top-1-billion.html


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