DeepFuckingValue or Roaring Kitty, has been confirmed as giving testimony before Congress the the class-action lawsuit filed in response to the GameStop shares hike.A surge in GameStop shares came about due to a Reddit push that resulted in stock prices rising to $347.51 (£247.81) from under $100 (£71.31) in less than a week.
A group of investment enthusiasts, mostly from the subreddit page r/WallStreetBets, identified that some hedge funds held large short-selling positions on GameStop, and bought up all the available shares.News has since broken that the saga is reportedly being turned into a movie by film company MGM and writer Ben Mezrich.
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