GameStop shares are trading lower amid trader Roaring Kitty facing a class-action lawsuit.
Portfolio Pulse from Benzinga Newsdesk
GameStop shares are trading lower as trader Roaring Kitty faces a class-action lawsuit.
July 01, 2024 | 1:17 pm
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NEGATIVE IMPACT
GameStop shares are experiencing a decline due to a class-action lawsuit against trader Roaring Kitty.
The lawsuit against a prominent trader associated with GameStop's stock surge is likely causing investor concern, leading to a short-term decline in GME's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100