YouTube streamer 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

(Reuters) - The YouTube streamer known as Roaring Kitty, who helped drive a surge of interest in GameStop Corp, will testify before a U.S. House panel on Thursday alongside top hedge fund managers.

The House Financial Services Committee is examining how a 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 Tech News

Microsoft plans to unveil next-generation AI chip in September, The Information reports
GameStop weighing withdrawal of eBay bid, Bloomberg News reports
Intel plans $15 billion share sale as turnaround rally lifts stock
Unitree's Shanghai IPO more than 8,000 times oversubscribed by retail investors
India's TCS flags alleged exposure of some employee data, says customer data not impacted
Retail investors sold SpaceX shares for first time on Friday
Meta launches new AI model as Zuckerberg champions open-weight push
Chinese users of AI companions bereft after government tightens regulations
Angers mounts in US over vast network of car license plate cams
Malaysia was confident in its social media ban, but kids are still on TikTok

Others Also Read