The return of vigilante investor Roaring Kitty (real name Keith Gill) sent GameStop shares soaring 180%. However, shortly thereafter, the company announced the sale of 45 million shares, raising almost $1 billion. This caused GME shares to fall 30%. 😲

On June 6, Gill announced a live broadcast, sending shares up 80%. Despite this, shares plummeted 50% after reporting a quarterly loss of $32 million.

This behavior raises concerns, as such manipulations can be dangerous for the market.