GameStop shares jump 30% after ‘Roaring Kitty’ trader posts account showing $116 million position
Business,Banking And Finance,Stock Market,Wall Street,Gamestop
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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 shares and call options.
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