GameStop shares are skyrocketing for a second day, adding to the 74% rally on Monday fueled by the unexpected social media return of retail investor "Roaring Kitty" after a three-year hiatus. Other meme stocks, such as AMC and Beyond Meat, also saw big gains. Heavy trading is prompting multiple trading halts on many of these names. Roaring Kitty, also known as Keith Gill, marked his return with a Sunday post on X of a drawing of two gamers – one appears to be leaning in, noted by a red arrow. This sparked a ...

The world's largest video game retailer GameStop (GME) stock surged 74.4% on May 13, 2024 following the return of Keith Gill, also known as Roaring Kitty, to social media after a three-year absence. His reappearance on the platform X reignited excitement among retail investors as he initiated the meme stock rally during the pandemic.The stock GME has about 6.24% exposure to YieldMax Ultra Option Income Strategy ETF (ULTY) and 3.3% exposure to Amplify Video Game Tech ETF (GAMR) . The fund ULTY jumped about 5 ...

Follow Invezz on Telegram , Twitter , and Google News for instant updates >Tupperware Brands Corporation (NYSE: TUP) experienced a dramatic increase in its stock value, soaring 23.30% in Tuesday’s premarket trading.Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.This significant jump follows a 36.43% rally on Monday, fueled by the resurgence of meme stock trading. The revival was sparked by a tweet from Keith Gill, also known as Roaring Kitty, marking ...

GameStop (NYSE:GME) stock is rocketing higher on Tuesday as the video game retailer’s shares are still rallying on the return of Roaring Kitty.Roaring Kitty is the investor behind the GME stock rally of 2021. That spread to other companies, creating a massive meme stock rally that year. However, the investor went radio silent back in 2021.Over the weekend, Roaring Kitty returned to social media with a post on X. That sent shares of GME and other meme stocks higher on Monday. This movement continues today as ...

Key PointsGameStop is looking to make a comeback after Twitter (now X) user "Roaring Kitty" boosted the company's future online.Sticking to the fundamentals, this 80% rally could be short-lived, as analysts see just as much downside from today.There are other better ways to play this "risk on" attitude given by markets.5 stocks we like better than CleanSparkThe meme stock mania could be back underway, as shares of GameStop Corp. NYSE: GME have been halted after rallying by as much as 80% on Monday’s trading ...

GameStop Corp (NYSE: GME) is up another 50% in premarket on Tuesday as retail investors continue to pile into shares of the video gaming merchandise retailer.Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.Cole Smead shares view on $GME rallyCopy link to sectionWhile many have pulled off exceptional returns from return of the meme stock craze, the chief executive of Smead Capital Management continues to liken it to gambling.  He’s against participatin ...

Fund manager Cole Smead has described the meme stock craze as "frankly stupid," as day traders once again pile into GameStop and AMC."It is gambling," he said Tuesday on CNBC's "Street Signs Europe." Smead is the CEO of Smead Capital Management which has around $6 billion of assets under management. "You've got to remember these are young people, these are forty-year-old people like me, who are going out and doing stuff that is just frankly stupid," he added. Brick-and-mortar video game retailer GameStop sa ...

In what looks like a scenario from three years ago, GameStop (NYSE: GME) stock continues its surge, adding well over 70% in just one trading day, with gains of 30% extending in the pre-market, effectively doubling GME shares worth with $40 valuation.GME stock 30-day price chart. Source: FinboldAdding to the frenzy, Keith Gill, also known as Roaring Kitty, has emerged from a three-year hiatus on the X network. His series of cryptic posts have further stoked the hype around GME shares, with Andrew Tate advoca ...

Meme stock mania appears to be far from dead. During the last incredible short squeeze cycle, which saw GameStop (NYSE:GME) surge to incredible levels, many retail investors made a killing. Today, GameStop appears to once again be in focus, with GME stock surging more than 75% in early afternoon trading on some interesting news.GameStock is up on news that Keith Kill, also known as “Roaring Kitty” on his Reddit (NYSE:RDDT) account, has made his first online post in almost three years. This move has also sen ...

I’m not a GameStop (NYSE:GME) hater. In fact, I have never traded the stock, nor do I have any intention to. But when I see the market’s reaction to “the return of Roaring Kitty,” I can’t help but think that the Federal Reserve isn’t done raising rates. That liquidity is still too ample. This is not an efficient market. This is not some game. I said before we are going back in time to 2021, and the last time we saw this type of silliness, it was the top for most stocks.Meme stock mania marked the top for mo ...