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Fortune
Fortune
Christiaan Hetzner

GameStop pockets record $2.1 billion from snap share sale that tanked the stock

GameStop Keith Gill Roaring Kitty Ryan Cohen Citron Ubisoft
GameStop shares are the talk of Wall Street. (Credit: Michael Nagle—Bloomberg via Getty Images)

GameStop hit the jackpot. Roaring Kitty’s favorite meme stock walked off with a record $2.1 billion in gross cash—even adjusted for inflation, exceeding the amount it raised in two separate share sales in 2021 combined.

And GameStop has 38-year-old social media trader Keith Gill to thank for it.  

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