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Gamestop shares soar pre-market after Roaring Kitty reveals $116m holding
Gill returned to the internet last month after tweeting for the first time in three years, causing Gamestop’s stock to jump more than 170 per cent. Keith Gill, known online as Roaring Kitty, has revealed a $116m stake in Gamestop, sending the meme stock soaring in pre-market trading.Gamestop saw its share price more than double this morning as a result of Gill’s revelations before falling to 70 per cent above closing value at the time of writing.Gill was an advocate for Gamestop in 2019, arguing that the company was undervalued, but disappeared online after encountering legal troubles and seeing an odd cult emerge around Gamestop during the meme stock boom of 2021.Gill returned to the internet last month after tweeting for the first time in three years, causing Gamestop’s stock to jump more than 170 per cent.— Roaring Kitty June 3, 2024The account had previously posted dozens of movie clips in the days after Gill initially returned to the internet.Last week, Gamestop revealed it had s
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