GameStop Soars as 'Roaring Kitty' Fuels Reddit Frenzy

1 min read
Source: Decrypt
GameStop Soars as 'Roaring Kitty' Fuels Reddit Frenzy
Photo: Decrypt
TL;DR Summary

GameStop shares surged 16% after SEC Chair Gary Gensler sidestepped a question about meme stock influencer Keith Gill, known as Roaring Kitty. Gensler emphasized the SEC's role in investigating market behavior without confirming any scrutiny of Gill. GameStop's stock showed irregular trading activity, and Gill's recent social media posts have drawn attention, suggesting significant holdings in GameStop shares and options.

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