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#GME THE UPWARD BOUNCE CONTINUES, TAKE YOUR POSITIONS BEFORE THE LIVE.
📌 GameStop drops nearly 20% in premarket trading
10:19 June 7, 2024
GameStop (GME.US) shares have dropped nearly 20% ahead of the U.S. market opening as an aggressive NFP report pressured Wall Street and strengthened the U.S. dollar, curbing risk appetite and trader sentiment. Yesterday, GME surged over 47% as popular trader and Wall Street Bets Reddit idol Keith Hill 'Roaring Kitty' revealed massive unrealized gains of $382 million in GME stocks and options, with a cumulative return of over 200%. Furthermore, Roaring Kitty will livestream on YouTube this Friday (noon ET - 5 p.m), fueling trader optimism for a speculative rebound not only in GME but across the meme stock market. Previously, GameStop surged 180% over a two-day period in May when Roaring Kitty returned to X, the first time since meme stocks rallied in 2021.