GameStop Corp

NYSE:GMEUnited States

Oct 30, 2024

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• DJ Chewy Stock Drops After 'Roaring Kitty' Dumps Stake. It Wasn't a GameStop-Style Play. -- Barrons.com, from 9:12AM ET on Wednesday Oct 30, 2024 by Dow Jones

  9:12AM ET on Wednesday Oct 30, 2024 by Dow Jones
  Companies Mentioned: GME, CHWY, AMC
  
  By Adam Clark
  
  Chewy stock was falling early Wednesday after a filing showed trader Keith Gill, better known as Roaring Kitty, has sold his stake in the online retailer of pet products.
  

• DJ Chewy's Stock Falls After SEC Filing Reveals That Trader Keith Gill Has Dumped His Stake -- MarketWatch, from 6:26AM ET on Wednesday Oct 30, 2024 by Dow Jones

  6:26AM ET on Wednesday Oct 30, 2024 by Dow Jones
  Companies Mentioned: GME, CHWY
  
  Chewy Inc.'s stock (CHWY) fell 1.8% early Wednesday, after a regulatory filing revealed that influential trader Keith Gill has sold his stake in the online retailer of pet products. Gill had amassed a 6.6% stake in the company, or more than 9 million shares, as of June 24, according to an SEC filing. The trader played a significant role in the 2021 meme-stock frenzy, and his return to social media in May sent shares of video-game retailer and OG meme stock GameStop Inc. soaring. Gamestop's stock (GME) was up 3.3% early Wednesday. Gill discussed his GameStop position in a closely followed YouTube livestream on June 7, his first in three years. Gill highlighted an "overemphasis" on GameStop's legacy business during the livestream. "They are in the transformation stage," he said before praising Ryan Cohen, co-Founder and former CEO of GameStop, saying: "I believe this guy - he might be able to do it." Chewy's stock has gained 13% in the year to date, while the S&P 500 has gained 22%.