GameStop Soars 47% as 'Roaring Kitty' Announces Livestream

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Source: Fox Business
GameStop Soars 47% as 'Roaring Kitty' Announces Livestream
Photo: Fox Business
TL;DR Summary

GameStop shares surged 47% on Thursday after meme stock influencer Keith Gill, known as "Roaring Kitty," announced a livestream event for Friday. This marks the largest increase since mid-May and follows a volatile period for the stock. Gill's return to social media has significantly impacted GameStop's stock price, which recently hit an all-time high before dropping sharply. The company also announced a new share sale and projected a quarterly loss.

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