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GameStop Shares Plunge Amid Roaring Kitty's Return and Stock Offering

Keith Gill's livestream and GameStop's equity sale lead to significant stock volatility and investor uncertainty.

  • GameStop shares dropped nearly 50% following Keith Gill's first livestream in three years.
  • Gill's substantial options position faces time decay with the upcoming expiration date.
  • GameStop announced a new stock offering, raising $2.14 billion but diluting share value.
  • Gill's followers have engaged in extreme behavior, including doxxing and conspiracy theories.
  • The U.S. SEC is investigating Gill for potential market manipulation.
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