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GameStop shares jump 30% after ‘Roaring Kitty’ trader posts account showing $116 million position

Posted on AllSides June 3rd, 2024
From The Center
Dado Ruvic | Reuters

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 30% higher to trade around $30.26 apiece. Trading in the name was paused briefly for volatility by the NYSE. It jumped more than 70% at the open.

Gill, who goes by DeepF------Value on Reddit and Roaring Kitty on YouTube and X, reappeared Sunday night, posting a screenshot of what could be his portfolio holding a significant amount of GameStop common...

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