GameStop's stock price surged more than 40% after Keith Gill indicated he would appear on YouTube for the first time in three years.
GameStop shares surged Friday after Keith Gill, whose relentless cheerleading under his online handle 'Roaring Kitty' has spurred retail investors to back the struggling video game chain, revealed plans to appear on YouTube for the first time in three years.The Roaring Kitty YouTube channel, which has more than 700,000 subscribers, revealed that Gill has scheduled a June 7 livestream.
Earlier this month, he posted a screenshot in Reddit forum showing that Gill's holding in GameStop shares topped $115 million — a stake that would be even larger given the latest upturn in the stock. Gill's return to social media has also propelled gains in other downtrodden stocks embraced by amateur investors, including AMC Entertainment and BlackBerry.Yet Gill's rabid social media following is also attracting scrutiny.
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