NEW YORK (Reuters) – Keith Gill, the stock influencer known as Roaring Kitty, updated his holdings of GameStop on Thursday to show he now owns 9 million shares of the company, up from 5 million at the start of the week.
Gill’s update, posted to Reddit after the close of trading, showed the value of his position at $262.1 million. That’s 2.1% of GameStop’s 426 million outstanding shares, according to a recent filing with the regulator.
The update also revealed that he no longer owns the 120,000 June 21 $20 strike call options he disclosed in his last update.
Gill, who helped launch the meme stock phenomenon in 2021, recently disclosed a significant GameStop stock and options position in a screenshot posted to Reddit on June 2.
The move has led to big swings in GameStops’ stock. On Thursday, the stock ended 14% higher at $29.12. The stock last fell to $28.66 in extended trading on Thursday.
GameStop shares are up 66% this year.
(Reporting by Saqib Iqbal Ahmed; Editing by Daniel Wallis)
