New York (EFE).- The shares of the video game company GameStop, known since the pandemic as ‘meme stocks’, rose 47% this Thursday an hour before the closing of Wall Street after the American investor Keith Gill, alias ‘Roaring Kitty’ will announce that it will be broadcast live on YouTube this Friday.
Consequently, this would be his first appearance on his channel in almost four years.
Gill has shares in GameStop
This month, Gill again took to the website Reddit, where he showed a screenshot exposing that he owns $116 million in GameStop shares.
Also, according to CNBC, the company’s shares are up more than 80% this week.
Now, the story of how Gill and the Reddit community turned Wall Street upside down during the pandemic was brought to the big screen last year with the film ‘Dumb Money’.
The investor was a former insurance salesman from Massachusetts who gained popularity in 2021 with YouTube videos and Reddit posts.
Phenomenon in stocks
The actions of the companies that Gill promoted caused such a furor that the financial services company Robinhood had to restrict its listings and there were even a series of congressional hearings about it.
Two weeks ago, independent presidential candidate Robert F. Kennedy Jr. invested $24,000 in GameStop to improve its acceptance.
