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GameStop Shares Soar 30% as ‘Roaring Kitty’ Sets New Livestream, Fueling Trader Excitement

#GameStop #RoaringKitty #StockMarket

GameStop shares skyrocketed by 30% on Thursday, reaching new session highs, as the renowned meme stock pioneer, 'Roaring Kitty,' announced a highly anticipated YouTube livestream for Friday. This investor, known as Keith Gill, is set to go live at noon, sparking immense excitement among traders who believe the broadcast will feature a bullish perspective on his substantial GameStop holding.

In August 2020, Gill captivated audiences with extended three-hour livestreams, where he detailed his investment rationale for the beloved brick-and-mortar video game retailer, GameStop. The upcoming livestream has added to the excitement surrounding GameStop, with traders eagerly awaiting potential insights Gill might share about his significant investment in the company.

Perspective

The comments section is filled with anticipation and speculation about the content of Roaring Kitty's livestream. Many traders are optimistic, expecting bullish comments that will further boost GameStop's stock. Some have expressed concerns about the potential impact of market volatility, while others are simply excited to hear from the influential investor.

Data

  1. GameStop's shares have gained over 80% in value this week alone, demonstrating the significant impact of Roaring Kitty's announcement.
  2. The stock experienced a 40% surge at one point, prompting a brief trading halt due to market volatility.
  3. Roaring Kitty's previous livestreams in August 2020 were extended three-hour sessions, providing detailed insights into his investment rationale for GameStop.

Original Article: https://www.cnbc.com/2024/06/06/gamestop-shares-jump-30percent-as-roaring-kitty-schedules-youtube-livestream-for-friday.html

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