Fortune· 785d ago· 1 min read
GameStop shares skyrocketed in pre-market trading after Keith Gill popped up again, but there are signs that the investor known as Roaring Kitty might have lost some of his luster with retail traders.
GameStop stock, make no mistake, saw another noteworthy jump on Monday, boasting gains of about 27% in midday trading. But that was far below the more than 100% surge it saw Sunday night and before the market’s open on Monday. Meanwhile, a moderator of Reddit’s r/WallStreetBets community criticized Gill and the GameStop faithful, saying, “This is not a GameStop subreddit.”
“Three years ago a bunch of people flooded in here to be a part of a trade because we were all stuck inside and had free money and it was funny. Many people ended up bagholding . Some people made a ton… Now people watch movies like Dumb Money and think they're fighting the man by holding some shares or something,” the…
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