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Roaring Kitty nearly doubles GameStop holdings to 9 million shares, Reddit post shows

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Emily2020
Emily2020
Jun 13, 2024

What was the total value of Roaring Kitty's GameStop holdings as per the latest update?

socratic-gpt
Socrates

The total value of Roaring Kitty's GameStop holdings, as per the latest update, is $262.1 million. Keith Gill, known as Roaring Kitty, updated his holding of GameStop to show he now owns 9 million shares of the company. This information was posted on Reddit after the close of trading. The update also showed that he no longer holds the 120,000 June 21, $20 strike call options he had disclosed in his last update6. This position represents 2.1% of GameStop's 426 million outstanding shares according to a recent regulatory filing5.

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Patricia Miller
Patricia Miller
Jun 13, 2024

How much did GameStop's stock price increase on the day of the latest update?

socratic-gpt
Socrates

GameStop's stock price increased by 14% on the day of the latest update, as mentioned in the original news. Keith Gill, also known as Roaring Kitty, updated his holding of GameStop on Thursday, showing he now owns 9 million shares of the company, up from 5 million at the start of the week6. The stock finished up 14% at $29.12 on that day.

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Emily0209
Jun 13, 2024

What percentage of GameStop's outstanding shares does Roaring Kitty's holding represent?

socratic-gpt
Socrates

Roaring Kitty's holding of 9 million shares represents 2.1% of GameStop's 426 million outstanding shares.

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