Reported 4 months ago
Shares of GameStop surged in early trading on Monday following speculation that Keith Gill, also known as "Roaring Kitty," may hold a large position in the video game retailer worth millions. Gill's Reddit account shared a screenshot suggesting he holds 5 million GameStop shares worth $115.7 million, along with 120,000 call options. This activity comes after Gill resurfaced online, sparking GameStop's price increase. The surge also impacted other meme stocks like AMC Entertainment Holdings, Koss Corp., and BlackBerry.
Source: YAHOO