Follow Invezz on Telegram , Twitter , and Google News for instant updates >The stock of GameStop Corp surged in today’s trading, leading to substantial financial pain for short sellers who are facing losses amounting to $1 billion, according to data from S3 Partners.Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.This spike in GameStop’s shares was primarily fuelled by a recent post from Keith Gill, better known by his online alias “Roaring Kitty.” Gi ...

Key PointsA spike in GME stock prompted a LULD pause on Monday, May 13, 2024. The spike is due to a social media post by “Roaring Kitty,” the social media poster who sparked the company’s meme stock rally in 2021, fueling speculation that another short squeeze is imminent. The fundamentals are still weak; speculators should proceed at their own risk.  5 stocks we like better than GameStopGameStop Corp. NYSE: GME shareholders may have a feeling of deja vu. Trading of GME stock was paused due to a limit up li ...

Shares of videogame retailer GameStop soared close to 100% on Monday morning after “Roaring Kitty”, a former marketer at an insurance firm credited with sparking the 2021 meme stock rally, returned to X after a three-year hiatus from social media.Keith Gill, known as “Roaring Kitty” on YouTube and “DeepF***ingValue” on Reddit, was a key figure in the so-called Reddit rally, which saw shares of GameStop surge as much as 21-fold over two weeks in January 2021 before crashing to pre-surge levels in the subsequ ...

GameStop shares surged more than 80% at the market open on Monday after “Roaring Kitty,” the day trader who played a key role in the so-called “meme stock rally” of 2021, made a surprise comeback to social media.Roaring Kitty, whose real name is Keith Gill, posted a popular meme that shows a man leaning forward in his chair while holding a video game controller. The meme sparked speculation that Gill, who had not posted anything online in years, was returning to the public eye.The meme was viewed nearly 11 ...

ToplineGameStop shares skyrocketed Monday as the brick-and-mortar video game retailer once again enjoyed a bump from retail investors celebrating the return of meme stock celebrity “Roaring Kitty" – whose wordless social media post drove the beleaguered company's stock price up more than 100%.Keith Gill, known under the pseudonym Roaring Kitty, is back on social media.SOPA Images/LightRocket via Getty Images Key FactsKeith Gill, best known for captaining the 2021 day trader campaign against institutional in ...

Key TakeawaysGameStop shares surged 45% as markets opened Monday.Keith Gill, who is also known as the YouTube streamer "Roaring Kitty" and was a key driver of the 2020 meme stock craze, posted to social media for the first time in nearly three years Sunday night.GameStop stock is still well below the levels it reached in early 2021, but is more than double its value from the start of May. GameStop (GME) shares soared as markets opened Monday as the one-time meme stock appears poised for another wave of acti ...

About this content About Josh Lamb After graduating from the University of Kent in the summer of 2022 with a degree in History, Josh joined Proactive later that year as a journalist in the UK editorial team. Josh has reported on a range of areas whilst at Proactive, including energy companies during a time of global crisis, aviation and airlines as the sector recovers from the pandemic, as well as covering economic, social and governance issues. Read more About the publisher Proactive financial news and ...

GameStop Corp (NYSE: GME) opened about 40% up on Monday after “Roaring Kitty” made a post on “X” for the first time since 2021. Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.Why does Roaring Kitty matter for $GME?Copy link to sectionThat’s significant since Keith Gill who goes by “Roaring Kitty” on X and “DeepF******Value” on Reddit is the one who inspired the short squeeze of 2021.  He, therefore, is the pioneer of the meme stock frenzy so to speak ...

GameStop (NYSE: GME) stock has been the subject of much speculation lately. It has surged over 70% in the past month and was nearing the $20 mark in the latest trading session. With premarket gains of 20%, GME stock appears poised to hit $20 before markets open this week, reigniting discussion about the resurgence of meme stocks in the current bull market.GME stock 30-day price chart. Source: FinboldThe impressive performance hasn’t gone unnoticed, especially by its prominent supporter Keith Gill, also know ...

GameStop Corporation (NYSE: GME) saw a notable surge in the latest session, jumping 13%. The gains continued in pre-market trading on May 10, fueled by growing interest from bullish investors and short sellers.Despite the absence of any major company news, the technical analysis reveals that GameStop has formed several compelling chart patterns. This development has sparked a surge in interest in the stock, with some even speculating the likelihood of another short squeeze.GME stock 30-day price chart. Sour ...