Connect with us

Hi, what are you looking for?



GameStop soars after investor ‘Roaring Kitty’ reveals a substantial stake in the stock

GameStop store (Via Keith Clinton/Shutterstock)

GameStop’s stock surged on Monday amid speculation that Keith Gill, a central figure in the meme stock frenzy during the pandemic, holds a significant number of shares in the video game retailer, potentially worth millions.

The volatile stock of GameStop closed the day with a 21% increase, having risen as much as 75% earlier.

Keith Gill, known as “Roaring Kitty” on social media platforms like YouTube and X, and also as Deep F- – – – – – Value on Reddit, shared a screenshot on Sunday in the r/SuperStonk forum. This screenshot, which many are discussing, purportedly shows the shares and call options Gill holds in GameStop.

According to the image, Gill may possess 5 million shares of GameStop valued at $115.7 million as of Friday’s closing price. The screenshot also indicates Gill holds 120,000 call options in GameStop with a $20 strike price expiring on June 21, purchased at around $5.68 each.

GameStop Store (Via Kevin Simmons/Getty Images)

Additionally, Gill’s X account posted a picture of a reverse card from the game Uno on Sunday night, without any accompanying text.

This recent activity follows Gill’s return to online platforms about three weeks ago, which caused a spike in GameStop’s price. In May, the “Roaring Kitty” account on X shared an image of a man leaning forward in a chair, a meme commonly used by gamers to signify seriousness.

This resurgence in interest comes at a time when GameStop, a struggling video game retailer in 2021 amid a shift from physical discs to digital downloads, faced skepticism from major Wall Street hedge funds and investors who were betting against it by shorting its stock, anticipating further declines.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like


Rudy Giuliani, who served as mayor of New York City and as an attorney for Donald Trump, was formally processed on Monday as part...


Two men have been found guilty for their involvement in an armed standoff on a busy Massachusetts highway in 2021. The incident, which lasted...


Stocks fell and Treasury yields rose sharply on Friday after the government released a jobs report with higher-than-expected numbers. The report suggests that markets...


A man who crashed a stolen police car, survived gunfire from 11 police officers, and then crashed another police vehicle — all while wearing...