GameStop's shares surge 19% after investor "Roaring Kitty" reveals a $116M position in the company.

GameStop's shares surge as investor Keith Gill, known as "Roaring Kitty," posts a screenshot revealing a potential $116 million position in the company. This news led to a 19% increase in GameStop's stock value on Sunday trading. Gill, who gained popularity during the 2021 meme-stock frenzy, disclosed a portfolio of 5 million shares and 120,000 call options in GameStop on Reddit's r/SuperStonk forum.

June 03, 2024
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