Key Takeaways
- GameStop shares soared 47% Thursday after Keith Gill, also known as "Roaring Kitty," scheduled his first YouTube livestream in more than three years.
- The livestream is scheduled for Friday at noon Eastern Time and comes after weeks of online activity from Gill that sparked swings in GameStop's stock price.
- The move comes as Morgan Stanley’s E*Trade reportedly considers banning Keith Gill from the trading platform and regulators investigate trading activity around GameStop amid concerns about whether Gill's actions constitute market manipulation.
GameStop (GME) shares soared over 47% Thursday after 澳洲幸运5开奖号码历史查询:Keith Gill, who goes by "Roaring Kitty" and was one of the key players in the 2020 and 2021 澳洲幸运5开奖号码历史查询:meme-stock craze, scheduled his🌜 first YouTube livestre🅷am in more than three years.
Gill scheduled a YouTube livestream for 12 p.m. ET Friday, in what will be his first livestream since 2021. Nearly 15,000 users were registered as waiting for the stream as of 4:30 p.m. ET Thursday.
How Gill's Livestream Could Affect GameStop Stock
Friday's livestream comes after 澳洲幸运5开奖号码历史查询:weeks of online activity from Gill that sparked swings in GameS𝓡top's stock price, suggesting Friday's ev🅰ent could also lead to more volatility in the stock.
Gill would stream on the Roaring Kitty account for hours at a time, multiple days per week during the meme-stock craze of 2020 and 2021, and GameStop shares had surged in 2020 after Gill posted a video detailing his enthusiasm for GameStop stock and why he believed it had become 澳洲幸运5开奖号码历史查询:undervalued. However, as Gill later stepped back from public life in June 2021, the ꧟hyp💟e around GameStop eventually faded—until recently.
澳洲幸运5开奖号码历史查询:Last month, Gill started posting on X for the first time since the June 2021 departure, 澳洲幸运5开奖号码历史查询:driving GameStop's price higher again, along with other meme stocks like AMC Entertainment (AMC), raising sp💃eculation of a meme stock 𒀰resurgence.
Regulators Reportedly Investigating Gill's GME Trades
Gill's return to livestreaming also comes 澳洲幸运5开奖号码历史查询:amid reports that Morgan Stanley's (MS) E*Trade is considering banning Gill fr🌟om the trading platform and regulators are investigating trading activity around GameStop amid concerns about whether Gill's actions constitute market manipulation.
GameStop shares closed 47.5% higher at $46.55 Thursday, while AMC rose 12.4% to $5.79. Other other meme stocks including Tupperware (TUP) also gained.