Get access to our best features
Get access to our best features
Published

'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.
Insights by Ground AI
Does this summary seem wrong?
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 75% of the sources are Center
75% Center
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

Sources are mostly out of (0)