A laptop at the New York Stock Exchange shows Friday’s YouTube live stream from investor Keith Gill, known as “Roaring Kitty.”
It was the first public appearance in years for the man whose Reddit posts about GameStop in 2021 helped fuel a trading frenzy in an early example of a meme-stock phenomenon. His embrace of GameStop, which he frequently explained in videos on YouTube and posts on Reddit, helped spark thein the stock price of a fading video game retailer and helped grow his own $50,000 stake in the company into a position worth millions.Summary is AI-generated, newsroom-reviewed.
The stock has gone for a wild ride since mid-May when Gill re-engaged with the meme stock crowd on social media platforms for the first time since 2021.of a man leaning forward in his chair to post on a smartphone. Shares of GameStop rose 150 percent over the next two days as the X account featured a deluge of pictures and videos from sources like “Forrest Gump,” “Seinfeld” and “Beavis and Butt-Head.”weeks later when a Reddit account linked to Gill shared a screenshot showing a $115.
The Wall Street Journal reported that E-Trade Financial was considering telling Gill that he can no longer use the platform and that the Securities and Exchange Commission was also looking into the issue. Both E-Trade and the SEC declined to comment.
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