GameStop shares jump after investor claims stake
GameStop shares jump after investor claims stake
GameStop shares jump after investor claims stake
GameStop, a company that has gained popularity among online investors, experienced a significant surge in its stock price following a social media post from an investor known as 'Roaring Kitty' claiming a substantial stake in the company. The shares opened for trade on Monday at a price of over $40 each, representing a surge of more than 70% from the previous Friday. This increase came after a post from the Reddit account associated with Keith Gill, stating that he owned 5 million GameStop shares, which accounts for nearly 2% of the company's stock and is valued at over $100 million. However, the accuracy of this claim has not been confirmed as neither Mr. Gill nor GameStop has responded to requests for comment.
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"GameStop, a popular stock among online investors, has seen a significant increase in its share price after a social media post from an investor known as 'Roaring Kitty' claimed a large stake in the company."
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"The shares opened for trade on Monday at over $40 each, marking a more than 70% increase from the previous Friday."
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