GameStop Soars 47% as 'Roaring Kitty' Schedules First Livestream in 3 Years

Moomoo AU joined discussion · Jun 7 01:41

What Happens

$GameStop(GME.US)$ soared 47% intraday and 31% after-market on Thursday, closing at $61.25, after Keith Gill "Roaring Kitty" announced his first YouTube livestream in over three years. The livestream is scheduled for Friday at noon Eastern Time (2:00 AM on Saturday Sydney Time) and has already garnered significant attention, with nearly 15,000 users registered as waiting for the event.

Market Effect

Gill's livestream comes amid reports that Morgan Stanley's E*Trade is considering banning him from the trading platform, and regulators are investigating trading activity around GameStop. Despite these challenges, Gill's return to the spotlight has reignited the excitement among meme stock investors, many of whom are eager to hear his latest insights.

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