These Stocks Moved the Most Today: Berkshire, GameStop, AMC, Coherent, and More

GameStop soars after a post by the Reddit user Roaring Kitty, while Coherent announces the appointment of a new CEO. Read More...

GameStop Stock Jumps After ‘Roaring Kitty’ Reveals $116 Million Position

Is Keith Gill back? A Reddit account linked to the meme-stock folk hero posted for the first time in years over the weekend, with a screenshot showing a $116 million position in GameStop stock, plus a big options bet. The post, from the “DeepF—ingValue” account, was titled “GME YOLO update—June 2 2024.” Gill’s updates on Reddit more than three years ago, including regular “GME YOLO update” posts, helped spark enthusiasm for GameStop in January 2021.

The Wall Street Journal

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