Roaring Kitty Puts Chewy Stock In The Litter Box, GameStop Shares Move Higher After Hours
Portfolio Pulse from Adam Eckert
Chewy Inc shares fell over 2% after meme stock trader Keith Gill, known as 'Roaring Kitty', sold his entire stake in the company. Meanwhile, GameStop shares rose by 1.3% in after-hours trading. Gill's actions have historically influenced stock volatility, especially in companies like GameStop and Chewy.
October 29, 2024 | 10:26 pm
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NEGATIVE IMPACT
Chewy shares fell over 2% after Keith Gill sold his entire stake, indicating potential short-term pressure on the stock.
Keith Gill's sale of his entire stake in Chewy led to a 2% drop in after-hours trading. His influence as a prominent meme stock trader suggests that his actions can significantly impact stock prices, especially in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
GameStop shares rose 1.3% in after-hours trading, potentially influenced by Keith Gill's continued interest in the stock.
GameStop shares increased by 1.3% in after-hours trading, which may be attributed to Keith Gill's known interest in the stock. His influence in the meme stock community can drive positive sentiment and price movement.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80