Shares of GameStop are soaring before the market open on Monday following speculation that the man at the center of the pandemic meme stock craze owns a large number of shares of the video game retailer that may be worth millions.
FILE - Pedestrians pass a GameStop store on 14th Street at Union Square, Thursday, Jan. 28, 2021, in the Manhattan borough of New York. Shares of GameStop are soaring before the market opened on Monday, June 3, 2024 following speculation that the man at the center of the pandemic meme stock craze owns a large number of shares of the video game retailer that may be worth millions..
Gill and those who agreed with him changed the trajectory of a company that appeared to be headed for bankruptcy by buying up thousands of GameStop shares in the face of almost any accepted metrics that told investors that the company was in serious trouble.
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