Keith Gill, known as RoaringKitty, updated his followers about his GameStop (NYSE) position, revealing he has exercised his call options and increased his share ownership. Gill now holds 9,001,000 shares, up from 5 million, and no longer owns any call options. He previously held 120,000 call options, took profits on 80,000, and exercised 40,000 to acquire the additional 4 million shares. His average cost per share is $23.4135, resulting in a paper gain of $51 million. This makes Gill the fourth largest shareholder of GME, behind Ryan Cohen's RC Ventures, Vanguard, and BlackRock.
Additionally, GameStop postponed its annual meeting due to technical issues caused by high shareholder demand. The meeting is rescheduled for Friday, June 14th, at 4 PM ET. GME shares saw a slight increase after-hours following a 14.4% gain during the day.
#KVB# #FlashNews# #BrokerNews# #GameStop# #NYSE#
Disclaimer: The views expressed are solely those of the author and do not represent the official position of Followme. Followme does not take responsibility for the accuracy, completeness, or reliability of the information provided and is not liable for any actions taken based on the content, unless explicitly stated in writing.
Leave Your Message Now