Roaring Kitty's GameStop Gains Soar Amid Meme Stock Craze

1 min read
Source: CNBC
Roaring Kitty's GameStop Gains Soar Amid Meme Stock Craze
Photo: CNBC
TL;DR Summary

Keith Gill, known as "Roaring Kitty," has seen his wealth skyrocket from a $53,000 investment in GameStop to nearly $300 million, with potential to reach $1 billion. His significant holdings and influence on the stock have raised concerns about market manipulation, and he faces potential action from his broker. Gill's strategy involves holding 5 million shares and 120,000 call options, which could further increase his stake if exercised.

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