'Roaring Kitty' Post Pushes Shares of GameStop Higher
May 13, 2024
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1:09Now Playing'Roaring Kitty' Post Pushes Shares of GameStop Higher
YouTube Description
as posted by the channelGameStop Corp. shares surged as much as 53% as speculation swirled around a return to social media by Keith Gill, who drove the meme-stock mania of 2021 under the moniker “Roaring Kitty.”
The account’s post on X showed a man leaning forward with what looked like a gaming controller, which some traders interpreted to mean that Gill is coming back into action. Gill, whose account has long been dormant, shot to fame in 2021 by rallying day traders on Reddit in an effort to squeeze GameStop short sellers.
Katie Greifeld reports.
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