The Return of Roaring Kitty Keith Gills First Livestream Since the Meme Stock Craze GME Plummets 40
Keith Gill, known as “Roaring Kitty” on X and YouTube, and “DeepFuckingValue” on Reddit, made his first return to live streaming since the meme stock craze three years ago.
Roaring Kitty returns with confidence, but no new jokes
GameStop stock plunges 40%
Curiosity kills a cat
GameStop meme stock faces reality
In the highly anticipated live stream, which attracted 600,000 viewers, Gill expressed his confidence in GameStop CEO Ryan Cohen’s transformation. He reiterated his previous investment thesis, emphasizing his belief in the future of the video game retailer, but did not present any new arguments to support his significant investment. Gill also clarified that the GameStop holdings he often shared in screenshots were entirely his personal investments, without any institutional support.
During Gill’s live stream, GameStop’s stock was suspended multiple times, ultimately closing down nearly 40% for the day. This significant decline was a response to the company’s earlier announcement, which showed a sharp drop in first-quarter sales and plans to sell more stock. Investors quickly reacted to this news, leading to intense trading volatility.
Digital artist Beeple mocked this current event with the meme “Curiosity kills a cat”. The huge GameStop sign smashed down on Roaring Kitty.
Keith Gill’s return to live streaming as “Roaring Kitty” has reignited interest in the meme stock story, reminding people of the intense speculation surrounding GameStop. While his firm belief in the company’s potential remains unchanged, the recent stock price decline highlights the obstacles this retailer must overcome in its transformation process.
(GameStop will stop its cryptocurrency wallet service! Due to high regulatory uncertainty)
BEEPLE
GameStop
Roaring Kitty
Meme
