💠 GameStop (GME) shares rose by 19% after trader Kate Gill posted a message on Reddit about purchasing $181.4 million worth of GME stock.
💠 Gill bet that the stock price would rise to $20 per share by June 21. His post triggered a 19.19% increase in the stock price, and on the Robinhood overnight market, shares reached $27.58.
💠 Previously, Gill played a key role in the GME short squeeze in early 2021, which led to a 1000% price increase. Despite his popularity on Reddit, his actions sparked controversy and changes in subreddits.