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National Post
National Post
3 Jun 2024


NextImg:GameStop leaps in premarket as Roaring Kitty may hold large position

Shares of GameStop are soaring before the market open on Monday following speculation that the man at the center of the pandemic meme stock craze owns a large number of shares of the video game retailer that may be worth millions.

GameStock’s stock jumped more than 87% in premarket trading.

Keith Gill, better known as “Roaring Kitty” on social media platforms YouTube and X, also goes by the name Deep F- – – – – – Value on Reddit. Late Sunday the Reddit account shared a screenshot in the r/SuperStonk forum that people are speculating could be an image of the shares and call options Gill holds in GameStop. The image showed that Gill may hold 5 million shares of GameStop that were worth $115.7 million as of the closing price on Friday. The screenshot also showed 120,000 call options in GameStop with a $20 strike price that expires on June 21. The call options were bought at around $5.68 a piece.