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GameStop Shares Plummet 40% Despite 'Roaring Kitty' Livestream

Keith Gill's return to YouTube failed to rally investors as GameStop announced a $3 billion share sale.

  • Gill's livestream drew over 600,000 viewers but lacked substantial financial insights.
  • GameStop shares had surged 50% prior to the stream but fell sharply during and after.
  • The company plans to sell 75 million shares to raise capital, causing investor concern.
  • Gill expressed confidence in CEO Ryan Cohen but warned viewers about the risks of investing.
  • Retail traders continue to show interest in meme stocks despite volatility and mixed results.
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