Keith Gill, the meme stock trend-setter known as Roaring Kitty, may have sold off his recently-disclosed options in GameStop amid a surge in trading, market experts speculated.Gill — who made a surprise comeback to social media last month after not posting anything online in years — had disclosed a sizeable GameStop stock and options position in a screen shot on Reddit on June 2.The screen shot showed he held 120,000 GameStop June 21 call options at a strike price of $20, bought at $5.6754 per contract or $ ...

NEW YORK, NEW YORK - JUNE 07: People are seen outside of a GameStop store on East 14th Street on ... [+] June 07, 2024 in New York City. (Photo by Craig T Fruchtman/Getty Images)Getty ImagesThe stock price of GameStop (NYSE: GME) trades at $30 per share, about 65% below its peak level of over $80 seen in January 2021. In contrast, Best Buy stock (NYSE: BBY) stock saw a 13% decline over this period. Note that GME stock saw a gigantic move from $5 to over $80 in January 2021, amid a large short squeeze. [1] G ...

Retail trading legend Keith Gill, known as Roaring Kitty, returned to his livestream on Friday after several years. GameStop (NYSE:GME) stock had already fallen 25% that morning following a rushed Q1 earnings report and a 75 million share offering. During Gill’s appearance, shares continued to drop, ending 40% lower for the day.The Solana-based meme token GME stock doubled in price before falling 50% on Friday, but still tripled for the week. Keith Gill’s return to social media caused a frenzy for GameStop ...

A holding page for Keith Gill, a Reddit user credited with inspiring GameStop's rally, before a YouTube livestream arranged on a laptop at the New York Stock Exchange on June 7, 2024.A sell-off in GameStop shares intensified in afternoon trading Wednesday, and that coincided with a spike in trading volume in the call options that meme stock leader "Roaring Kitty" owns.The last time Roaring Kitty, whose legal name is Keith Gill, disclosed his portfolio was Monday night, showing he still owned 120,000 call op ...

Yesterday, RC Ventures filed a Schedule 13D documenting its position in GameStop (NYSE:GME) as of June 10. The investment firm is managed and owned by GameStop CEO Ryan Cohen.As of June 10, Cohen and RC owned 36.84 million shares of GME stock, which remained unchanged from his last update on May 22. The update before that, accurate as of June 9, 2023, also showed ownership of 36.84 million shares.However, GameStop’s shares outstanding have increased significantly during the past few weeks as a result of two ...

It’s been a rather eventful few months for investors in meme stock GameStop (NYSE:GME). From the return of Roaring Kitty to social media, to a surprise early earnings release and another share issuance from GameStop’s management team, GME stock has traded in a rather wild range. The stock is down another 5% today as investors await the company’s upcoming annual shareholder meeting on June 13. At his meeting, investors will be asked to elect five directors, vote on executive compensation and stockholder prop ...

Loading...Loading...Jim Cramer has declared victory for GameStop Corp GME after the video game retailer announced the completion of its at-the-market equity offering. Cramer believes a transformation could be on the horizon.What To Know: GameStop shares got a lift late Tuesday after the company said it sold the maximum number of shares registered under its recently announced offering program for gross proceeds of approximately $2.137 billion.Wednesday on CNBC’s “Squawk On The Street,” Cramer highlighted Gam ...

Loading...Loading...Shares of video game retailer GameStop Corporation GME have traded higher in recent weeks on optimism from the return of Roaring Kitty (aka Keith Gill) and several share offerings raising cash for the company.One analyst shared his take on the latest events and recent share offering.What Happened: Over the past 30 days, GameStop completed two at-the-market offerings, selling batches of 45 million and 75 million shares.The most recent sale of 75 million shares raised $2.137 billion, which ...

GameStop (GME) could be a solid choice for investors given its recent upgrade to a Zacks Rank #2 (Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change.The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.Individual investors often find it h ...

Roaring Kitty, whose real name is Keith Gill, has indirectly helped GameStop (NYSE:GME) raise billions of dollars. Following his return to social media on May 12 — which came after a nearly three-year hiatus — GME stock has surged higher by more than 75%.On June 7, the video game retailer announced an at-the-market (ATM) offering of up to 75 million shares. Now, that offering has been fully completed, resulting in total gross proceeds of $2.137 billion.Before that, the company had announced an ATM offering ...