GameStop's annual shareholder meeting, held on June 17, 2024, at 12:30 PM ET, generated significant attention among retail investors and meme-stock enthusiasts. The event, which had been rescheduled due to high demand, saw GameStop CEO Ryan Cohen address attendees briefly, speaking for only 60 seconds. Cohen announced plans to reduce the number of stores and focus on profitability, but provided little detail on the company's strategic direction. The meeting, which lasted only 15 minutes, ended without a Q&A session, leaving many investors disappointed. As a result, GameStop's stock dropped by 14% during the meeting, and was down 11% by the end of the day. Roaring Kitty, also known as Keith Gill, was noted as the fourth largest holder of GameStop shares, owning 9 million shares valued at $262 million. The resurgence of interest in GameStop has sparked debates on market manipulation in the meme-stock era.
The highest priority item on $GME's shareholder meeting was Diversity, equity, and inclusion (DEI) 😂 https://t.co/d6nBPLwH0W https://t.co/Iwqa5OrNLz
As a renewed bout of GameStop fever gripped the meme-stock faithful, fans of trading influencer Keith Gill waited for one moment: The day their hero would become a billionaire @BTLipschultz #roaringkittyisback https://t.co/kTril78qDj via @wealth
Truly unbelievable. NYC Comptroller Brad Lander tried to bull $GME into disclosing race, gender and other rainbow world bullshit for its board. It was voted down https://t.co/kPbCWFqYCe
Over a month to go in expiry and they were selling these calls for like $2. Little silly me thinks. Back above $3 now. $GME
GameStop drops more than 12%, hits session lows after annual meeting fails to offer details on firm's strategy https://t.co/4mBDsa6PUC
GameStop investors ask about company path, capital raising at annual meeting https://t.co/gt43qWvl5C
honestly, the only out for gme is to be a crypto etf of sorts.
$GME bulls seeing the stock down another 12% after the annual meeting https://t.co/1NunN36J1K
Brutal investor meeting for $GME. No masterplan, no trick up roaring kitty's sleeve. Only real takeaway was "we will close more stores" and that they hope to sell "higher-priced items" while "strengthening their balance sheet" And that was really it the entire "plan"... 😅 https://t.co/HcB5E2sZrT
SHARES OF GAMESTOP IMPLODE AFTER INVESTOR CALL DISCUSSED DEI AND PRONOUNS *** $GME
$GME - ticked as low as -14% as #GameStop’s Annual Meeting ends with a giant goose egg regarding a strategic gameplan. - CEO @ryancohen did speak briefly & in a positive for the company, he did not engage is any sophomoric humor. - Mgt stated they will focus on “profitability”…
What a “tight lipped” AGM the $GME one was 😅 i’ll stay on the lookout for 8-K filings then when lawyers will be comfortable to give the “go ahead” to whatever is going on in the background Narrator: “dumb money” sequel will be like “Maverick” for “Top Gun” https://t.co/sDkpsKHQnM
Live look at me trying to come up to ask some relevant questions at the $GME Annual Shareholders Meeting @ryancohen https://t.co/xrXUKaQ73w
$GME Gamestop MGMT on the shareholders call: “We have nothing more to say about the $3B we raised last week. We are focused on building our business.” Call ended in 20 minutes with zero Q&A. $GME down 11% https://t.co/TDwNCaRWE9
$GME | GameStop Shareholders Meeting Highlights: 'Actions Speak Louder Than Words,' Says CEO Ryan Cohen Ryan Cohen said GameStop's share offerings help provide a strategic advantage to the balance sheet. Cohen said the company will look to reduce costs and have a lower store… https://t.co/nRGNJ7MArM
$GME's shareholder meeting only lasted for 15 minutes & Ryan Cohen only spoke for 60 seconds. Their big announcement is that they're closing more stores & he warned of a recession. Are you guys impressed? 🤪 https://t.co/e9RTSXotug https://t.co/wCbMjdxNh3
UPDATE: $GME is down 14% during the annual meeting WHAT IS HAPPENING?! Follow along 👇 https://t.co/bIUScPpfG6
This $GME CALL was $5.9 last night. Today it’s been cut in half. It’s barely $2.9 now!!
$GME down nearly 13% $AMC down 4%
Hello again $GME June 21 expiry $125 call options holders! How are you doing now? Where is that famous "FTD" short squeeze of 4 million shares? How dumb can you be chasing a 🐈 while Ryan makes you BAG holders? #GameStop has a lot of cash now, but it's just another #SPAC
$GME | GameStop CEO Anticipates Smaller Number Of Stores - Annual General Meeting
$GME shareholders looking for @ryancohen https://t.co/IqAkesxv90
$GME Still can't get into the shareholder meeting webcast
$GME GAMESTOP SHAREHOLDER MEETING IN 30 MINUTES I’LL BE COVERING IT LIVE DO YOU THINK THEY ACKNOWLEDGE EVERYTHING THAT HAS HAPPENED EITH ROARING KITTY? https://t.co/PeruiWAywH
Just a personal gut feeling, but somehow I feel there is a pattern on $GME: 1 - @TheRoaringKitty shows up after years with a massive #YOLO 2 - The company issues 120m shares goosing its cash “war chest” to ~3bn$ 3 - $GME shareholders meeting postponed into #OPEX week 4 - $GME… https://t.co/Dgvl9quUxV
Ryan Cohen pulling up to the $GME shareholder meeting https://t.co/ktKsmGfqtz
GameStop Stock Falls Ahead of Anticipated Shareholders Meeting ► https://t.co/H8LgpOVRkV https://t.co/H8LgpOVRkV
This is the only way $GME https://t.co/CaAM3WnaIs
The @WSJ's @Spencerjakab and @Citronresearch's Andrew Left join me on @HiddenForcesPod to discuss the return of @TheRoaringKitty and whether $GME's resurgence is a sign of things to come as we ramp liquidity heading into a turbulent 2024 election. 👇🏼🧵 https://t.co/JXgeaUA7P4
He's baaaaack! Short seller Andrew Left of @CitronResearch and I discussed Roaring Kitty and meme stock mania 2.0 with @kofinas , one of the smartest podcasters in the business https://t.co/vklLp2Oou1
Good morning! ☕️ Here we go! The $GME annual meeting is TODAY at 12:30 ET… They are just trolling on $HOOD hard 😂 This is gonna be interesting https://t.co/Uq7ZD1OaZ0
$GME (+1.1% pre) GameStop's fans await shareholder meeting, after high demand derailed first attempt - Reuters https://t.co/5JvFv9PmRL
GameStop’s fans await shareholder meeting after high demand derailed first attempt https://t.co/5GzkhotC5f
$GME storm brewing. Last 2 days have been unusually quiet though today is the Big Day: The court is in Gamestop's court and if they announce new, exciting initiatives, all this will have been just the beginning. If same old, watch out below. Doubt they will waste the moment.
GameStop's fans await shareholder meeting, after high demand derailed first attempt https://t.co/C2aX6yq3aP https://t.co/cienH1TK0N
🔵 GAMESTOP'S FANS AWAIT SHAREHOLDER MEETING, AFTER HIGH DEMAND DERAILED FIRST ATTEMPT GameStop's annual meeting, scheduled for Monday, is creating a growing buzz on social media among the company's host of avid retail investor fans. Full Story via Reuters on PiQ Suite - Link… https://t.co/N5ZzkJDen0
Roaring Kitty just revealed his investment strategy https://t.co/zREiampjmr
Reminder that the GameStop Annual shareholder meeting will take place tomorrow at 11:30 AM CT // 12:30 PM EST. https://t.co/r3LgNtamco
did anyone think in the beginning of 2024 that roaring kitty would have 9M shares of $gme gamestop by the halfway point of the year lol
$GME | Market Manipulation Or Meme-Stock Mastery? 'Roaring Kitty' Rakes In $262 Million GameStop Stake • Roaring Kitty's massive GameStop stake spurs debate on market manipulation in meme-stock era.
Don't forget! $GME's Annual Meeting 2024 at 12:30 PM ET. https://t.co/2Q49rf4LII
Computershare getting ready for the GameStop shareholder meeting tomorrow $GME https://t.co/TeHa1rytqj
Don't forget! Tomorrow is National Take Your Cat to Work Day And $GME's Annual Meeting 2024 at 12:30 PM ET. https://t.co/MJXhhuqWeA
Big day for GameStop tomorrow!
An old clip of RoaringKitty’s, aka DeepFuckingValue, of GameStop, $GME: https://t.co/yQcuIzAgTa
Roaring Kitty if $GME hits 100. https://t.co/zMKrhtEq6e
Going to be fun time tomorrow $GME but remember @CNBC @business @CGasparino @Benzinga all of these will talk trash about the outlook of the company and the lack of experience of @ryancohen not being a real Ceo or having the right stuff . Blah blah will retail buy more or not https://t.co/ivVQaw26cX
#RoaringKitty’s $262 million stirs skeptics in #memestock era.
As GameStop revives meme stock rally, questions arise of market manipulation
How do you feel about $GME?
Roaring Kitty 😺 is now the 4th largest holder of $gme with 9 million shares. Need a 2nd movie. https://t.co/p2nw4mlUyp
Waiting for Roaring Kitty to post https://t.co/K3eu4dxa7V
what's your GameStop exit strategy? $GME https://t.co/eun1BxqO7W
I miss Roaring Kitty