Roaring Kitty to testify on GameStop alongside hedge fund managers


A GameStop store is pictured in the Manhattan borough of New York City, New York, U.S., January 29, 2021. REUTERS/Carlo Allegri/File Photo

THE YouTube streamer known as Roaring Kitty, who helped drive a surge of interest in GameStop Corp, will testify before a House panel on Thursday alongside top hedge fund managers.

The House Financial Services Committee is examining how an apparent flood of retail trading drove GameStop and other shares to extreme highs, squeezing hedge funds like Melvin Capital that had bet against it.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Malaysia prioritising high-value Ai data centre, says BMI
South Korea's Kospi falls sharply on profit-taking near 8,000 level
RCEP must pivot to high-complexity trade and integrated supply chains
Ringgit opens higher vs greenback, major currencies
FBM KLCI stays range-bound ahead of Trump-Xi meet
Oil prices rise as fragile US-Iran talks sustain supply worries
Trading ideas: Ancom Nylex, RHB, Gamuda, NCT Alliance, Genting, HE, Infomina, Tanco, PPB, Ireka, Permaju, Metro, UMS, Paradigm REIT, Cape EMS
Wall St inches to higher close, AI fervor edges out Iran impasse
Gamuda hits RM51.6bil order book milestone
KWAP names former BSN chief Jay Khairil�as CEO

Others Also Read