gamestop corp. - GME

GameStop shares remain volatile after the company's annual meeting and amid updates from "Roaring Kitty" on the value of his stake in the troubled video game retailer.

Texas-based GameStop's planned sale of 75 million shares of common stock raised more than $2 billion in gross proceeds, the video game retailer said on Tuesday.

GameStop's main meme trader "Roaring Kitty" posted an update on where his holdings of the video game maker stand, and despite a two-day downturn in the shares, he's still in the green.

GameStop shares plummeted 40% on Friday after YouTuber Keith Gill, aka "Roaring Kitty," livestreamed to 600,000 people and shared why he is bullish on the meme stock.

Famous meme stock retail trader Keith Gill on Friday indicated he still likes GameStop as he livestreamed on his “Roaring Kitty" YouTube channel for the first time in three years.

"Roaring Kitty" is back in the spotlight, along with GameStop, after becoming active again on social media and on his first livestream in three years.

GameStop shares were volatile Friday after the retailer reported results and ahead of a YouTube livestream planned by meme stock influencer "Roaring Kitty", marking his return to the site after a three-year hiatus.

Shares of video game retailer GameStop soared more than 30% during trading Monday after a new post on Reddit from Keith Gill, also known as "Roaring Kitty."

After a wild week of trading, GameStop announced a sale plan for up to tens of millions of its shares and also gave a lukewarm business update disappointing investors.

Swings in GameStop and AMC shares revived meme trading while stinging short sellers in the process. Still, these investors betting the shares will fall are not changing their tune.