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GameStop Roars Near 100% as Roaring Kitty Posts Massive Position
MarketBeat· 2024-06-03 20:36
Key Points GameStop (NYSE: GME) surged nearly 100% in pre-market trading following Keith Gill's post of a large position in the company, reminiscent of the 2021 meme stock frenzy. Gill's portfolio reportedly includes 5 million GameStop shares worth $115.7 million and 120,000 call options with a $20 strike price that expires on June 21st. Despite the excitement, GameStop faces operational challenges and analyst skepticism, with its stock history suggesting caution for long-term investors. 5 stocks we like be ...
GameStop shares surge after 'Roaring Kitty' post
Fox Business· 2024-06-03 20:15
GameStop shares soared more than 70% in premarket trading on Monday after a new post from retail investor "Roaring Kitty." The screenshot posted on Sunday by Roaring Kitty, also known as Keith Gill, showed a GameStop holding of 5 million, or 1.8% of its publicly available stock. It also showed $65.7 million worth of GameStop call options, typically bought to express a bullish view, expiring on June 21 at a strike price of $20. Ticker Security Last Change Change % GME GAMESTOP CORP. 23.12+0.52 +2.29% And on ...
3 Video Game Stocks Better Equipped to Beat the Market Slump than GameStop
Investor Place· 2024-06-03 18:15
Video games continue to be one of the most popular forms of entertainment in the world. Nearly 50 years after the first video game consoles debuted, the industry is stronger and more diverse than ever. According to Midia Research, the video games industry will reach global annual revenues of more than $300 billion and a worldwide audience of 3.8 billion active players by 2030. Consumers today are spending more on video games than they are on going to the movies, streaming TV shows, and many other forms of e ...
GameStop Shares Skyrocket After Meme Stock Legend ‘Roaring Kitty' Shows Off $116 Million Bet
Forbes· 2024-06-03 17:48
Topline GameStop shares soared in premarket trading on Monday after Roaring Kitty, the man who inspired the 2021 meme stock frenzy, posted what appeared to be evidence of a massive position in the game retailer, the latest buying mania for the brick-and-mortar store following the meme stock celebrity’s return to social media after a years-long absence. Meme stock GameStop rallied again on Monday in premarket trading. SOPA Images/LightRocket via Getty Images Key Facts Shares more than doubled in premarket tr ...
GameStop and AMC fly after Roaring Kitty shares trades on Reddit
Proactiveinvestors NA· 2024-06-03 17:41
About this content About Oliver Haill Oliver has been writing about companies and markets since the early 2000s, cutting his teeth as a financial journalist at Growth Company Investor with a focusing on AIM companies and small caps, before a few years later becoming a section editor and then head of research. He joined Proactive after a couple of years freelancing, where he worked for the Financial Times Group, ITV, Press Association, Reuters sports desk, the London Olympic News Service, Rugby World Cup New ...
GameStop stock rockets by almost 100% in premarket
Finbold· 2024-06-03 17:05
GameStop’s (NYSE: GME) stock experienced a dramatic surge of nearly 100% in early morning trading on June 3, 2024, following a significant move by Keith Gill, also known as “Roaring Kitty.” Gill, a key figure in the 2021 meme stock phenomenon, broke his three-year silence on Reddit, revealing substantial new investments in GameStop. GME stock 30-day price chart. Source: Finbold Gill disclosed that he holds ...
GameStop's stock almost doubles premarket after Roaring Kitty reveals his $116 million stake
Business Insider· 2024-06-03 16:50
GameStop shares surged ahead of Monday's opening bell after trader Keith Gill, who posts on social media under the aliases "Roaring Kitty" and "DeepFuckingValue," revealed he holds a $116 million stake in the struggling retailer. Advertisement The stock was up 84% in premarket trading shortly before 5 a.m. Eastern Time after an account snapshot posted on Reddit's r/SuperStonk forum revealed that Gill holds five million GameStop shares. This story is available exclusively to Business Insider subscribers. Bec ...
Potential billion-dollar GameStop stock bet just revealed by Roaring Kitty
Finbold· 2024-06-03 16:34
The GameStop (NYSE: GME) stock saga has gripped the trading community again, causing GME shares to surge to $70. However, the hype quickly faded despite the influence of Keith Gill, also known as Roaring Kitty, who contributed to the surge with a series of cryptic tweets. Now, a new catalyst could drive GME stock even higher. On June 2, after a hiatus of over three years, Roaring Kitty revealed in the Reddit community r/Superstonk that he holds five million GameStop shares worth $115.7 million and 120,000 c ...
CNBC Daily Open: Nvidia's new chip, GameStop soars
CNBC· 2024-06-03 14:12
In this article TSLA Traders work on the floor of the New York Stock Exchange during morning trading on Feb. 23, 2024 in New York City. Michael M. Santiago | Getty Images This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe here. What you need to know today Get the CNBC Daily Open report in your inbox every morning and keep up to date with ...
GameStop shares surge as ‘Roaring Kitty' trader posts account showing $116 million position
CNBC· 2024-06-03 10:09
文章核心观点 - GameStop股价再次上涨,这可能与投资者DeepF------Value(又名Roaring Kitty)持有大量GameStop股票和期权有关[1][2][3] - DeepF------Value在Reddit的r/SuperStonk论坛上发布了一张可能是他的投资组合截图,显示他持有500万股GameStop股票和12万份GameStop期权[3] - 这一消息尚未得到独立验证,DeepF------Value此前曾在WallStreetBets论坛上发布过他的交易更新[4] 根据相关目录分别进行总结 GameStop股价上涨 - GameStop作为"meme股"再次出现上涨[1] - 这可能与投资者DeepF------Value(Roaring Kitty)持有大量GameStop股票和期权有关[1][2][3] DeepF------Value的投资组合 - DeepF------Value在Reddit的r/SuperStonk论坛上发布了一张可能是他的投资组合截图[3] - 截图显示他持有500万股GameStop股票,价值约1.157亿美元[3] - 他还持有12万份GameStop期权,行权价为20美元,到期日为6月21日,每份期权成本约5.68美元[3] 消息的可靠性 - 这一消息尚未得到独立验证[4] - DeepF------Value此前曾在WallStreetBets论坛上发布过他的交易更新[4]