DeepF — ingValue has been duplicated to GameStop Corp.
The trader, who became a legend on Reddit’s WallStreetBets forum for his planned bet on the video game retailer, posted a screenshot of his brokerage account on Friday afternoon that appears to show he bought an additional 50,000 shares of actions. Reddit user, whose real name is Keith Gill, now has 100,000 GameStop shares worth about $ 4 million, according to the screenshot.
The publication does not indicate when the shares were purchased. An earlier update, released on the afternoon of February 3, placed its position at 50,000 shares. Mr. Gill declined to comment.
Much of the momentum surrounding GameStop has faded in recent weeks. Shares fell 23% this week to $ 40.59 and have fallen more than 90% since reaching the intraday high of $ 483 on Jan. 28. They closed on February 3 at $ 92.41.
Gill appeared Thursday in a congressional hearing about the GameStop frenzy, where a lawmaker asked him if he thought the actions were still appealing. “I find it an attractive investment at this price point,” he replied.