E-Trade Considers Kicking Meme-Stock Leader Keith Gill Off Platform

After growing concerned about potential stock manipulation, E*Trade is "considering telling meme-stock leader Keith Gill he can no longer use its platform," reports the Wall Street Journal, citing people familiar with the matter. Gill, known online as "Roaring Kitty," gained notoriety for his role in the 2020 meme stock frenzy, where he encouraged amateur investors to buy GameStop shares, significantly driving up the stock price and challenging hedge funds. Just hours ago, Roaring Kitty announced he bought $116 million worth of GameStop options and stocks. Developing...

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