GME Jun 2024 57.000 put
- Yahoo Finance Video
Roaring Kitty lawsuit, GDP forecasts dip: Monday's market trends
Yahoo Finance Reporter Josh Schafer joins Asking for a Trend to discuss his key takeaways from the trading day. The Nasdaq Composite (^IXIC) hit a record high in Monday's session despite a higher move in the ten-year Treasury yield. Meanwhile, the GDP forecasts keep falling. The Atlanta Fed's GDPNow forecast is below 2% for the first time this quarter, signaling slowing growth as the Federal Reserve has its eyes on a soft landing. Finally, meme stocks aren't going away. In an SEC filing, "Roaring Kitty" revealed he has a 6.6% stake in the pet care retailer Chewy (CHWY). Gill also faces a class-action lawsuit for his social media posts that fueled GameStop (GME) volatility. For more expert insight and the latest market action, click here to watch this full episode of Asking for a Trend. This post was written by Melanie Riehl
- Yahoo Finance
Chewy stock wavers after 'Roaring Kitty' discloses 6.6% stake
Chewy stock popped on Monday after popular investor Keith Gill revealed a stake in Chewy.
- Bloomberg
GameStop Shareholder Quickly Drops ‘Roaring Kitty’ Fraud Suit
(Bloomberg) -- A lawsuit accusing popular stocks influencer Keith Gill, better known as “Roaring Kitty,” of engaging in a “pump and dump” scheme involving GameStop Corp. shares was dropped within days of its filing.Most Read from BloombergDemocrats Weigh Mid-July Vote to Formally Tap Biden as NomineeSupreme Court Says Trump Has Some Immunity, Delaying Trial24-Hour Stock Trading Is Booming – and Wall Street Is RattledBlackRock Buys Preqin for $3.2 Billion in Private Data PushTrump as President or
