The rally comes after an account linked to Keith Gill — who helped propel the 2021 meme stock craze — posted a screenshot on Reddit.
GameStop surged more than 80 percent in premarket trading Monday after a Reddit account thought to be linked to meme stock trader Keith Gill posted a screenshot of what appeared to be a nearly $116 million stake.
Gill — who helped propel the 2021 meme stock craze behind his “Roaring Kitty” handle — posted the screenshot Sunday evening on Reddit under his “DeepF-------Value” account that showed a $115.7 million position, as well as a sizable options bet. Around the same time, his widely followed Roaring Kitty account on XThe gaming company had rallied to nearly $50 per share last month as mentions of the stock proliferated online, before falling back sharply to $23.14 as of Friday’s close.
The posts have not been independently verified by The Post, and Gill did not immediately respond to an emailed request for comment.” channel, which has become a leading meme stock forum after some GameStop enthusiasts broke with the popular “WallStreetBets” channel. On Monday morning, the channel abounded with memes and users posting their own positions, with some promising to call in sick to work.
Other meme stocks rallied too. AMC shares traded up 25 percent by 8 a.m.; Nokia gained 2 percent; Blackberry rose 5 percent.
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