Roaring Kitty Disrupts GameStop's Annual Meeting — Is 'National Take Your Cat To Work Day' Next?
Portfolio Pulse from Chris Katje
GameStop's (NYSE:GME) annual shareholder meeting faced a server crash due to high retail investor interest, leading to a rescheduling. The meeting, now set for June 17, coincides with 'National Take Your Cat To Work Day,' a holiday linked to Roaring Kitty (Keith Gill). The return of Roaring Kitty on social media has reignited investor interest, with Gill revealing he now holds 9,001,000 GameStop shares. GameStop shares were down 1.79% on Friday after a 14% rise on Thursday.
June 14, 2024 | 2:26 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
GameStop's annual shareholder meeting faced a server crash due to high retail investor interest, leading to a rescheduling. The return of Roaring Kitty on social media has reignited investor interest, with Gill revealing he now holds 9,001,000 GameStop shares. GameStop shares were down 1.79% on Friday after a 14% rise on Thursday.
The rescheduling of the shareholder meeting due to high interest and the return of Roaring Kitty on social media have increased investor attention. This renewed interest is likely to have a positive short-term impact on GameStop's stock price, despite the recent dip.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100