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'You Were A Billionaire:' Did Roaring Kitty Actually Hit 10 Figures With GameStop Stock Holdings? It's Complicated - GameStop (NYSE:GME)
- Gill could acquire 12 million GameStop shares at $20, positioning him as the fourth-largest shareholder after Vanguard, BlackRock, and Cohen's RC Ventures.
- Despite GameStop's shares dropping 12%, Gill's holdings stayed at 5 million shares and 120,000 call options valued at $235.46 million.
- Gill's potential billionaire status was jeopardized by GameStop's 40% stock price decrease to below $65, triggered by disappointing first-quarter results and a surprise 75 million share offering.
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'You Were A Billionaire:' Did Roaring Kitty Actually Hit 10 Figures With GameStop Stock Holdings? It's Complicated - GameStop (NYSE:GME)
According to market tracker Unusual Whales, "briefly last week, it appeared possible for Gill to become a billionaire if GameStop [GME] held above $65."
·New York, United States
Read Full ArticleRoaring Kitty just updated his GameStop stock holding
The GameStop (NYSE: GME) stock and Roaring Kitty saga is far from over, as Keith Gill continues to post updates on his GME stock position, which includes GME shares and call options that are set to expire on June 21. In his most recent update on June 10, Roaring Kitty revealed that his GME stock is now worth $235.4 million, down by over $100 million from his previous update on June 7. Roaring Kitty’s GME stock position. Source: Evan Despite the…
Coverage Details
Total News Sources5
Leaning Left1Leaning Right0Center3Last UpdatedBias Distribution75% Center
Bias Distribution
- 75% of the sources are Center
75% Center
L 25%
C 75%
Factuality
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