What To Know: Gill is responsible for much of the recent volatility in GameStop and other retail darlings as he made a return to social media in May following three years of silence. Gill is often credited with sparking the meme stock squeeze that took place in 2021.

A court document filed on June 28 accused Gill of manipulating GameStop’s stock price via social media, but the plaintiff filed to voluntarily dismiss the case on Monday. GameStop shares still closed out Monday’s session down more than 5%.

GameStop’s average session volume is about 49 million, according to data from Benzinga Pro. Tuesday’s trading volume was sitting around 3.5 million at publication time.

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GME Price Action: GameStop shares were up 1.59% at $23.70 at the time of publication, according to Benzinga Pro.

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