GameStop soars 90% after super bull Roaring Kitty’s Reddit post shows US$116-million bet

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Keith Gill’s disclosure sparks spike in meme stocks

In this image from video provided by the House Financial Services Committee, Keith Gill, a GameStop investor, also known in social media forums as Roaring Kitty, testifies during a virtual hearing on GameStop in Washington, Feb. 18, 2021.) surged by over 90% in premarket trading on Monday, after a weekend Reddit post from stocks influencer Keith Gill, known as “Roaring Kitty,” showed a $116 million bet on the gaming retailer.

It was the first post from Gill’s Reddit account, which was central in fueling a meme stock trading frenzy about three years ago by sharing screenshots of his bullish GameStop trades.

 

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