Chewy Inc. shares erased gains after initially spiking as much as 10% on Monday as Keith Gill — known online as “Roaring Kitty” — disclosed a 6.6% passive stake in the online pet food and product retailer. The disclosure with the US Securities and Exchange Commission shows Gill owns roughly […]
meme stocks
Gamestop shares climbed more than 90 per cent in premarket trading on Monday, after a Reddit post from stocks influencer Keith Gill showed a $116 million bet on the gaming retailer. GameStop was the second-most actively traded stock, with 4.4 million shares changing hands by 4:30 a.m. ET. It was […]
GameStop Corp. shares rallied in late trading after the retail trader favorite announced it brought in nearly $1 billion from a share sale program. The video-game retailer capitalized on a flurry of trading earlier this month by selling 45 million shares to raise roughly $933 million, according to a statement […]
GameStop and AMC Entertainment have again captured retail investors’ attention, reminiscent of “the meme stock frenzy” that gripped Wall Street three years ago, following social media posts from the leading figure behind that rally “Roaring Kitty”. Here is what you need to know about the recent surge in meme stocks: […]