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Keith Gill

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business1 year ago

GameStop's Stock Rises Amid Profit Gains Despite Revenue Drop

GameStop reported a profit of $17.4 million in the third quarter despite a decline in revenue to $860.3 million from $1.08 billion the previous year. The company's shares surged over 10% in extended trading following the announcement. Despite the profit, analyst Michael Pachter maintains an "underperform" rating, citing challenges to growth. The stock also saw a brief spike last week after a post by influencer Keith Gill, known as "Roaring Kitty." GameStop shares have risen about 54% in 2024, largely due to Gill's influence.

via Investopedia|
#business#gamestop#keith-gill
finance1 year ago

GameStop Shares Surge Following Influential Tweet

GameStop shares surged by up to 14% after Keith Gill, known as Roaring Kitty, posted on X for the first time since September, sparking renewed interest in meme stocks. AMC Entertainment also saw a significant rise, while Chewy remained unaffected. Gill's posts have historically influenced meme stock movements, and his latest activity led to a flurry of speculation among his 1.6 million followers. Both GameStop and AMC later reduced their gains, closing up 6% and 5% respectively.

via Investopedia|
#finance#gamestop#keith-gill
finance1 year ago

"GameStop Soars 47% as 'Roaring Kitty' Announces Livestream Return"

GameStop's stock surged 48% in a single day after Keith Gill, known as Roaring Kitty, announced a return to YouTube livestreaming. The stock has seen a 185% increase over the past month, causing significant losses for short sellers. Gill's renewed activity on social media has reignited interest in GME, leading to trading halts and regulatory scrutiny. His upcoming livestream has already attracted significant attention, with thousands of users signed up to watch.

via Decrypt|
#finance#gamestop#keith-gill
finance1 year ago

GameStop Soars 47% as 'Roaring Kitty' Announces Livestream

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.

via Fox Business|
#finance#gamestop#keith-gill
finance1 year ago

GameStop Shares Surge as 'Roaring Kitty' Announces YouTube Comeback

GameStop stock surged 47% after Keith Gill, known as "Roaring Kitty," announced a livestream, marking his first live appearance since the 2021 meme stock rally. Gill's social media activity has recently influenced GameStop's stock volatility, with shares experiencing significant fluctuations. Analysts caution that the current meme stock action is not as robust as in 2021.

via Yahoo Finance|
#finance#gamestop#keith-gill
stock-market1 year ago

"GameStop Shares Surge as 'Roaring Kitty' Announces YouTube Comeback"

GameStop shares surged by over 40% after Keith Gill, known as "Roaring Kitty," announced his return to YouTube with a scheduled livestream on June 7. Gill's reappearance has reignited interest in GameStop and other meme stocks like AMC and BlackBerry. However, his influence is under scrutiny, with ETrade reportedly considering removing him from their platform due to concerns about potential stock manipulation.

via CBS News|
#gamestop#keith-gill#roaring-kitty
finance1 year ago

"GameStop Stock Skyrockets with 'Roaring Kitty' YouTube Comeback"

GameStop shares surged up to 41% following Keith Gill's announcement of his return to YouTube after three years. Gill, known for his online moniker Roaring Kitty, has previously driven significant rallies in GameStop's stock. His upcoming live stream has sparked speculation and interest among retail traders, leading to increased trading activity and volatility in GameStop shares.

via Yahoo Finance|
#finance#gamestop#keith-gill
finance1 year ago

"Roaring Kitty's GameStop Saga: From $53K to $300M and Market Scrutiny"

Keith Gill, known as Roaring Kitty, recently revealed a substantial GameStop portfolio on Reddit, echoing his cryptic 2021 comment "Maybe I will" about further investing in the stock. His holdings include 5 million shares, 120,000 call options, and $29 million in cash, potentially increasing his stake to 17 million shares. This move has reignited interest and speculation in the financial community, though Gill faces scrutiny from regulators and trading platforms.

via Yahoo Finance|
#finance#gamestop#investment
finance1 year ago

GameStop Soars as 'Roaring Kitty' Fuels Reddit Frenzy

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.

via Decrypt|
#finance#gamestop#gary-gensler
finance1 year ago

"Roaring Kitty's Meteoric Rise Amid GameStop's Meme Stock Saga"

GameStop shares fell by up to 7% after a 21% surge the previous day, driven by a social media post from "Deep Fing Value" showing a significant investment in GME. The rally, reminiscent of the 2021 meme stock craze, faced skepticism from analysts and potential regulatory scrutiny from Morgan Stanley's E-Trade. Despite the volatility, GameStop and AMC capitalized on the meme frenzy by issuing new shares, raising substantial funds.

via Yahoo Finance|
#finance#gamestop#keith-gill
finance1 year ago

GameStop's Meme Stock Frenzy Puts E*Trade in a Tight Spot

GameStop shares fell 5% on Tuesday after a 21% gain the previous day, driven by a social media post from "Deep Fing Value" showing a $175 million investment in GME. The rally was short-lived, with analysts warning against chasing the stock. Morgan Stanley's E-Trade considered banning the account, sparking debate. GameStop and AMC both capitalized on recent meme stock rallies by issuing new shares.

via Yahoo Finance|
#finance#gamestop#keith-gill