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GameStop shares soar as ‘Roaring Kitty’ reveals $116m bet in Reddit post

Roughly $390m worth of GameStop shares had changed hands before 6am ET, following Keith Gill’s first Reddit post in three years

GameStop shares surged more than 70% premarket on Monday after “Roaring Kitty” Keith Gill, the stocks influencer behind the 2021 retail trading frenzy, returned to Reddit with a post showing a $116m bet on the embattled videogame retailer.

Roughly $390m worth of GameStop shares had changed hands by 5:53am ET, more than the $343m in Wall Street favorite Nvidia, according to LSEG data.

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