GameStop stock surge driven by ‘Roaring Kitty’ results in $1-B losses for GME short sellers
The surge in GameStop’s (GME) stock during Monday’s premarket session, driven by “Roaring Kitty” (Keith Gill), has led to significant financial repercussions for short sellers. According to Ortex, short sellers have already incurred losses amounting to $1 billion. This dramatic market movement was triggered by Gill’s social media post on Sunday, where he revealed his