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

Google plans first test of AI chips in space under Project Suncatcher
Oracle cites 'force majeure' to shield itself on data center, Bloomberg News reports
Pasqal ramps up growth plans after Nasdaq listing strengthens balance sheet
BlackBerry lifts annual revenue forecast on strength in automotive software business
AI startup Island valued at $6.4 billion in latest funding round
Financing of historic AI buildout raises systemic risks in US, researcher says
AI tools generated nearly $1 billion in extra costs, Blue Cross insurers say
Exclusive-Amazon bets $3 billion on India's fast-delivery boom, sources say
Many countries are optimistic about AI, poll finds
One Tech Tip: iOS 27 comes with revamped screen time controls and other useful new features

Others Also Read