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Top related persons:
— - 2 Keith Gill - 1 Kitty - 1 Gill - 1 wasn't - 1 @SCHL0MS - 1 Polymarket - 1 It's - 1
Top related locs:
@TheRoaringKitty
Top related orgs:
GameStop - 2 Service - 2 AMC Entertainment - 1 SEC - 1 Lamborghini - 1 Google - 1 Business - 1 Polymarket - 1

Search resuls for: "@TheRoaringKitty"


2 mentions found


☆ The meme-stock rally is dead as reality sets in amid GameStop's warning on revenue and plan to sell 45 million shares
  + stars: | 2024-05-17 | by ( Matthew Fox | ) www.businessinsider.com   time to read: +3 min
GameStop's meme-stock rally officially ended on Friday after the company announced plans to sell 45 million shares. GameStop said the extreme rally in its stock does "not appear to be based on the underlying fundamentals of our business." This week's meme-stock rally that sent shares of GameStop surging as much 271% is done. The rally in GameStop shares came to its sputtering conclusion on Friday when the struggling video game retailer announced plans to sell 45 million shares in an at-the-market offering, which could result in massive dilution for existing shareholders. AdvertisementThis type of share sale allows GameStop to, at its discretion, sell shares directly in the open market to willing buyers to raise capital, with an upside limit of 45 million shares.
Persons: — Organizations: GameStop, Service, AMC Entertainment, SEC
☆ Reddit users are questioning if it's really Keith Gill behind the memes that sparked the latest GameStop rally
  + stars: | 2024-05-16 | by ( Matthew Fox | ) www.businessinsider.com   time to read: +4 min
Reddit users this week have been questioning whether Keith Gill was behind Roaring Kitty's recent social media posts. The Roaring Kitty X account started tweeting for the first time in three years on Sunday, sparking a revival in GameStop stock. Reddit users have been speculating and debating the question since Gill's @TheRoaringKitty X account made its first post in three years on Sunday. AdvertisementGill did not reply to a request for comment sent by Business Insider via his other social media accounts. I'm sure we'll the the truth of the matter of who's running the account soon enough," another Reddit user said.
Persons: Keith Gill, Kitty, —, Gill, wasn't, @SCHL0MS, Polymarket, It's, Steve Sosnick Organizations: GameStop, YouTube, Service, Lamborghini, Google, Business, Polymarket, Remilia Corporation, Remilia, Interactive Locations: @TheRoaringKitty
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