Mountain Province Diamonds Reports Sharp Drop In Q1 Earnings; Says Reviewing Mine Plan; Shares Fell Near 12% Wednesday
Mountain Province Diamonds Reports Sharp Drop In Q1 Earnings; Says Reviewing Mine Plan; Shares Fell Near 12% Wednesday
(Bloomberg) -- GameStop Corp. shares more than doubled after the Reddit account that drove the meme-stock mania of 2021 posted what appeared to be a $116 million position in the game retailer.Most Read from BloombergKey Engines of US Consumer Spending Are Losing Steam All at OnceHomebuyers Are Starting to Revolt Over Steep Prices Across USMnuchin Chases Wall Street Glory With His War Chest of Foreign MoneyNvidia Unveils Next-Generation Rubin AI Platform for 2026Oil Swings After OPEC+ Signals Pla
GameStop was the second-most actively traded stock, with 4.4 million shares changing hands by 4:30 a.m. ET. It was the first post from Gill's Reddit account, which was central in fuelling a meme stock trading frenzy about three years ago by sharing screenshots of his bullish GameStop trades.
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The GameStop (GME) stock saw a dramatic surge of over 19% in overnight trading following a post by Keith Gill, famously known as "Roaring Kitty" on Reddit.
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