Roaring Kitty Reveals Massive $180M GameStop Position, Shares Surge

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Source: CNBC
Roaring Kitty Reveals Massive $180M GameStop Position, Shares Surge
Photo: CNBC
TL;DR Summary

GameStop shares surged 30% after Keith Gill, known as "Roaring Kitty," posted a screenshot suggesting he holds a $116 million position in the company. This sparked renewed interest among retail traders, reminiscent of the 2021 short squeeze. The post, shared on Reddit's r/SuperStonk forum, showed Gill holding 5 million shares and 120,000 call options. The rally also boosted other meme stocks like AMC.

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