GameStop Shares Surge Once More As Meme Trader 'Roaring Kitty' Makes Comeback
HuffPost
The video game retailer’s stock price more than doubled at the morning bell – apparently fueled by a meme of a video gamer leaning forward.
Shares in GameStop soared after the trader at the center of the meme stock frenzy in the pandemic era returned to the fray.
Keith Gill, nicknamed Roaring Kitty, posted an image Sunday night on X (formerly Twitter) of a man sitting forward in his chair. In the world of meme stock trading, in which social media drives the price of shares, participants take this to mean things are getting serious.
It was the first post from the account in three years and appeared to stir the markets into a bullish mood about the video game retailer’s stock price.
The morning after Gill’s post, shares of GameStop more than doubled at Monday’s opening bell, according to The Associated Press.
Shares in GameStop soared after the trader at the center of the meme stock frenzy in the pandemic era returned to the fray.
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