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On May 12, 2024, Keith Gill (a.k.a. DeepFuckingValue, Roaring Kitty) posted to X an image of a person leaning forward in a chair. This caused the GameStop stock price to rise from under $14 to over $48, though Gill's post did not mention GameStop. GameStop benefitted from this by issuing more stock at over $20, raising over $900,000,000.
The Massachusetts securities regulator is probing the trading activities of GameStop investor Keith Gill, who gained notoriety as stocks influencer "Roaring Kitty" during the 2021 meme stock frenzy.
Keith Gill, the investor who sparked the 2021 GameStop rally, speaks during a congressional hearing Shares of GameStop Corp., which have faded steadily since 2021, are up 57 per cent this month.
By late Jan. 2021, Gill was up over 4,000% on stock and options in the company, with his GameStop position plus cash worth nearly $48 million, according to his posts.
Gill, 37, is a YouTuber and trader who gained prominence in January 2021 when he played a key role in the surge of GameStop stock value. According to Investopedia , Gill was born in 1986 in ...
[5] [6] The rising stock value allowed Gill to turn an initial US$53,000 investment into $50 million by January 2021. [5] Between 2021–2024, Gill kept a low profile but continued to increase his GameStop ownership. As of June 2024, Gill owns 9 million Class A shares of Chewy, Inc valued at approximately $306 million as of close of business 27 ...
The entire episode finally inspired the 2023 movie “Dumb Money,” in which Paul Dano played Gill. In January 2021, GameStop shares hit an all-time high of $120.75 intraday, adjusted for a ...
GameStop in March had roughly 305.9 million shares of its stock trading in the market, more than four times the number of shares it had in March 2021. That means it is more difficult to move ...