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The volatility led to trading in the stock being halted several times early Monday. In mid-morning trading, GameStop was up 86% at $32.50 after soaring as high as $38.20 intraday.
Monday's surge comes after GameStop rallied 180% over a span of two days back in mid-May after "Roaring Kitty" posted for the first time on X, formerly known as Twitter, since 2021. Last month's ...
Gill helped spearhead the massive rally in GameStop stock at the end of 2020 and the start of 2021, sending shares hundreds of percent higher. Gill’s X account suddenly became active in May ...
GameStop short squeeze. In January 2021, a short squeeze of the stock of the American video game retailer GameStop and other securities took place, causing major financial consequences for certain hedge funds and large losses for short sellers. Approximately 140 percent of GameStop's public float had been sold short, and the rush to buy shares ...
GameStop did not disclose the price at which it sold the shares, but based on Reuters calculations, they were sold at an average price of $20.74 each. Its shares were currently trading at $21.93.
The documentary chronicles the GameStop short squeeze of 2021 which saw GameStop's stock rise over 2,500% amidst rampant volatility. This story is told mostly from the viewpoint of several value investors who participated in sharing their due diligence on social media, most notably Roaring Kitty's YouTube streams.
He then appeared in front of a screenshot of a Yahoo Finance stock page for GameStop. Investor Keith Gill during his livestream on YouTube on June 7, 2024. "It becomes a bet on the management.
GameStop stock rocketed higher after a YouTube account believed to be tied to investor Keith Gill, also known as "Roaring Kitty" on social media, posted a livestream scheduled for Friday at noon ET.