Is Roaring Kitty's return going to be a short one?
Keith Gill , the popular investor who sparked the skyrocketing of GameStop’s stock back in 2021 and appears to be back at it again, might have his E*Trade account shut down, according to a report from the Wall Street Journal Monday. The stock trading platform and its owner Morgan Stanley reportedly have concerns about possible stock manipulation, sources familiar with the matter told the Journal.
Morgan Stanley did not have a comment when asked for confirmation of the report. Gill didn’t immediately respond to a direct message sent over X. Since the Roaring Kitty account restarted, GameStop stock has taken off, but not nearly the same as it did back in 2021. The video game retailer’s stock was trading at just over $17 on May 10 and shot up to almost $65 on May 14, two days after the May 12 post.
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