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Roaring Kitty's GameStop stake grows to 9 million shares after selling his big options position - TL;DR CNBC

Roaring Kitty's GameStop stake grows to 9 million shares after selling his big options position

Publishing timestamp: 2024-06-14 10:43:51


Summary

Keith Gill, known as "Roaring Kitty," has increased his ownership in GameStop's common stock to over 9 million shares. There is speculation about his trading activity and the value of his portfolio, which has increased significantly. GameStop shares surged more than 14% on Thursday, and the company recently raised over $2 billion in an equity sale. Nvidia is predicted to potentially make up 15% of the S&P 500 in the future.


Sentiment: MIXED

Tickers: GME

Keywords: investment strategygamestop corpwall streetbreaking news: businessbusiness newsmarketsstock marketsbreaking news: marketsbreaking news: investing

Source: https://www.cnbc.com/2024/06/13/roaring-kittys-gamestop-stake-grows-to-9-million-shares.html


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