GameStop Stock (GME) Soars 47% as ‘Roaring Kitty’ Teases New Livestream.
GameStop stock (GME) skyrocketed by 47% on Thursday following the announcement of a scheduled livestream by a YouTube account believed to be linked to prominent investor Keith Gill, also known as “Roaring Kitty” on social media.
In a notable post-market development, Reddit user DeepF***ingValue, another account tied to Gill, shared a screenshot claiming their position in GameStop had surged to $586 million, encompassing both stock holdings and unexercised options positions.
Earlier this week, the same user disclosed a $175 million investment in GameStop, which had already appreciated to approximately $210 million at the time of the revelation, triggering a stock price surge.
The upcoming livestream marks Gill’s first live appearance on the channel since his influential role in the 2021 meme stock rally, where his bullish videos and posts on the video game retailer garnered widespread attention.
“The Roaring Kitty channel and live streams are for educational and entertainment purposes only. I don’t provide personal investment advice or stock recommendations during the stream,” states the YouTube channel’s description. The channel boasts over 730,000 subscribers.
GameStop’s stock has experienced significant increase over the past month with Gill’s renewed activity on social media.
