Broadcom shares rose 2.76% in overgnight trading after soaring 23% last week. The company raised its annual forecast for revenue from chips that help in artificial intelligence work by 10% on Wednesday, and announced a stock split to take advantage of a rally in its shares this year.
In an update shared to the Reddit account on Thursday, Gill revealed he has increased his GameStop stake. Gill, a pivotal figure in the 2021 meme-stock frenzy, also sold some or all of his call options with a June 21 expiration date, according to the update.
GameStop 's shares are up 1.2% in overnight trading after falling 3.8% on Friday, paring back some of their gains from Thursday's session, when the stock closed up 14.4%.
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