Memestock ringleader Keith Gill, known online as Roaring Kitty, made his first on-camera appearance in over three years in a livestream midday on Friday, sending GameStop stock down over 40% from this morning’s peak and forcing exchanges to halt trading eight times in a single hour for volatility as traders sent shares up and down over the course of the nearly hour-long stream.
Over the course of the rambling, 50-minute call, Gill expounded on his faith in GameStop’s corporate strategy and its new CEO, Ryan Cohen, and confirmed that screenshots posted to his Reddit account earlier this week displaying a brokerage account with over 5 million GameStop call options were indeed his.
