GameStop has recently reprised the stock frenzy that gripped the video game retailer in 2021, when the company's share soared as much as 2,000%. Then, as now, the man driving the original 'meme stock' is Keith Gill, an amateur trader whose power to move markets stems from his popularity on social media. Read on to learn more about Gill.
'The prevailing analysis about GameStop's impending doom was simply wrong,' To be sure, Gill earned a lot of money after promoting the purchase of GameStop shares, but he also lost big. In 2021, for example, Gill revealed that he had lost $13 million in a single day from his investments in the game retailer. Gill's move with GameStop eventually became a cornerstone storyline in the 2023 film 'Dumb Money,' where Gill is portrayed by actor Paul Dano.
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