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Summary

Redditor Who Started GameStop Stock Frenzy Just Lost A Ridiculous Amount Of Money

From double digits to single digits. 💸
Redditor Who Started GameStop Stock Frenzy Just Lost A Ridiculous Amount Of Money
Eric Broder Van Dyke | Dreamstime.com Bigtunaonline | Dreamstime.com
Contributor

The Redditor who led the charge in the GameStop stock frenzy last week has now lost millions.

Keith Gill, also known as "DeepF***ingValue" on Reddit, posted in the now-famous Reddit page "r/wallstreetbets" saying the values of his GameStop holdings had dropped to just $7.6 million, which is quite low compared to what he had.

Editor's Choice: GameStop Accidentally Made Almost All Of Its Stuff Free Last Night

$13 Million Amount lost in a single day. 

The day prior to taking the loss, Gill was sitting on $21 million, which is still down from the nearly $50 million he had last week when GameStop shares peaked at a whopping $483 each.

The Redditor posted his brokerage statement Tuesday night.

CBS News reports GameStop shares went slightly up on Wednesday, reaching just over $93 a share.

But the video game retailer has seen a tremendous plunge since the fiasco began last week, losing over 80% of its value, which lead to a nearly $30 billion loss for GameStop investors. 

USANews
  • Noah Borden
    Noah Borden was an Associate Editor for Narcity Media.

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