GameStop shares gain after meme stock influencer reveals $116 million bet

[Riberet19]

hares of GameStop climbed 21% on Monday as the renewed frenzy around meme stocks shows little sign of abating.

The video game retailer’s stock soared hours after a Reddit post by stocks influencer Keith Gill — also known as “Roaring Kitty” — revealed that he had bought nearly $116 million worth of the stock. GameStop’s stock surged as much as 75% earlier in the day before parings its gains

https://edition.cnn.com/2024/06/03/investing/gamestop-stock-soars-meme-stock-roaring-kitty/index.html