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Shares of Unity Software rose Thursday, a day after a social media post from the meme stock hero known as “Roaring Kitty” that included a snippet of the late musician Rick James, who had a song called “Unity.”
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None of Unity Software’s recent securities filings show that Keith Gill, aka “Roaring Kitty,” had purchased any shares.
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Gill’s posts last year made headlines and affected shares of GameStop, Chewy and Petco Health + Wellness.
Unity software (YOU) shares rose 8% on Thursday, a day after a social media post from the meme stock hero known as “Roaring Kitty” that included a snippet of the late musician Rick James, who had a song called “Unity.”
None of Unity Software’s recent securities filings show that Keith Gill, aka “Roaring Kitty,” had purchased any shares.
After making his mark during the meme stock craze of late 2020 and early 2021, Gill resurfaced last year and sent the shares of several stocks soaring with his posts.
Gill’s return to the spotlight began in June, when he offered a large position in video game retailer GameStop (GME) in a post on Reddit (RDDT), where he uses the username “DeepF—ingValue”. That was followed by a cryptic photo of a cartoon dog onBLOW) and Petco Health + Wellness (WOOF).
Later, a Securities and Exchange Commission (SEC) filing revealed that Gill had taken a position in Chewy. Gill later posted another cryptic photo from the movie “Toy Story 2,” suggesting he had dropped the stock. He sold it later in the year.
Despite Thursday’s rise, Unity Software stock has lost more than a third of its value in the past 12 months.
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