GameStop shares jump 40% as 'Roaring Kitty' schedules YouTube livestream for Friday
Publishing timestamp: 2024-06-06 13:45:44
Summary
GameStop shares surged after Roaring Kitty announced a livestream, where he discussed his massive stake in the company. The stock jumped 40% and trading was halted for volatility. Roaring Kitty, also known as Keith Gill, resurfaced online after sparking a trading mania in 2021. He holds 5 million shares of GameStop and 120,000 call options, with a market value of at least $200 million. Gill's actions have raised concerns about market manipulation.
Sentiment: MIXED
Tickers: GME,
Keywords: markets, breaking news: markets, breaking news: business, gamestop corp, investment strategy, breaking news: investing, wall street, business news, stock markets,