Influential trader and analyst Keith Gill, also known as Roaring Kitty, said Friday he is still a “believer” in GameStop Corp. It was Gill’s first YouTube livestream in three years. The Roaring Kitty video stream has generated plenty of buzz.

"It becomes a bet on the management" of GameStop – particularly on CEO Ryan Cohen "and his crew" – during the "transformation stage" that he believes the video game retailer has entered. "That’s probably going to be an ongoing debate as to how people feel about him,

GameStop stock influencer Keith Gill, known as "Roaring Kitty," kicked off his first livestream in three years on Friday as the videogame retailer's shares dropped around 30% in volatile trading after it announced a share sale to raise up to $3 billion.

The trader discussed what he described as an “overemphasis” on GameStop’s legacy business. “They are in the transformation stage,” he said, before talking about GameStop

GameStop reversed its nearly 40% rise in premarket trading on Friday as earnings disappointment offset excitement about Keith "Roaring Kitty" Gill.

By David Randall and Sruthi Shankar (Reuters) -GameStop shares slumped 20% on Friday after the video game retailer announced a share sale to raise up to $3 billion even as its quarterly sales declined,