Shares of the videogame retailer, which has been at the center of the meme stock frenzy, rose more than 5% on the news before reversing course to fall 1.6% in volatile extended trading. On a livestream on Friday with more than 600,000 viewers, Gill, the key figure behind an eye-popping rally in the struggling company's stock in 2021, joked about memes and interspersed his discussion of GameStop with various disclaimers. GameStop said it sold the maximum amount of 75 million shares registered under the program.
As GameStop shares gyrate, Roaring Kitty faces ticking clock
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Meme coins show signs of recovery following GameStop s bullish reversal
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Billionaire investor Ryan Cohen beats Bed Bath & Beyond shareholder lawsuit
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Here's what investors may want to know about GameStop's upcoming annual meeting, and where GME stock may go following this event.