The company’s shares surged nearly six times their value in the first two weeks of May, partly fueled by the re-emergence of “Roaring Kitty” Keith Gill, a key figure in the 2021 retail trading frenzy. The stock has since lost 70% of its value up to Friday’s close, taking GameStop (NYSE:GME)’s market value to $5.82 billion.
Meme stock GameStop climbs after raising $933 million in share sales
