Direxion Daily Retail Bull 3X Shares RETL was surging about 10% on Monday, partly driven by massive bullish momentum in GameStop Corporation GME stock –the latter which was skyrocketing about 65% after Keith Gill resurfaced on social media.Traders and investors may be choosing to take a position in RETL, which holds a 1.2% weighting of GameStop, as well as multiple other retail stocks, to take advantage of GameStop’s upward trajectory but with diversification.RETL is a triple-leveraged fund that is designed ...

Mentions of the video game retailer on the Reddit forum topped 900 for the last seven days as of late Monday morning, according to market research platform Quiver Quantitative. With Monday's boost, the stock surpassed artificial intelligence darling Nvidia to become the second-most referenced equity in that period — behind just the SPDR S&P 500 ETF Trust (SPY) , a popular fund tracking the benchmark S&P 500 index.GameStop has once again become on a hot topic on Reddit's famed WallStreetBets page Monday afte ...

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 (NYSE:GME) stock is experiencing trading halts on Monday morning as the return of Roaring Kitty results in a major rally for the video game retail company’s shares.Roaring Kitty is the investor that started the GME stock meme rally back in 2021. This spread to become a larger meme stock rally that caused quite a bit of volatility for the market. This came alongside short squeezes of several shares.With Roaring Kitty making his first post on X since 2021, a new meme stock rally is underway. GME is a ...

GameStop shares soared more than 70% on Monday after "Roaring Kitty," a key figure behind the stock's so-called Reddit rally in 2021, reemerged on X and posted a drawing after a three-year break from social media. The stock surged after Keith Gill, known as "Roaring Kitty" posted a picture of a man leaning forward in a chair, appearing to be holding a gaming controller. GameStop shares were repeatedly halted for volatility during the morning amid a rise in the stock's share price, which at one point was up ...

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 ...