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GameStop soars after 'Roaring Kitty' posts on X
Fox Business· 2024-05-13 15:55
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 ...
GameStop rally triggers losses of up to $1 billion for short sellers
Invezz· 2024-05-13 15:50
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 ...
GameStop is Roaring Based on Speculation Not Substance
MarketBeat· 2024-05-13 15:14
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 ...
GameStop shares up nearly 100% as ‘Roaring Kitty' returns to social media
The Guardian· 2024-05-13 15:02
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 stock surges more than 80% as ‘Roaring Kitty' makes surprise comeback with cryptic post
New York Post· 2024-05-13 14:24
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 ...
GameStop Storms 110% Toward Best Day Since 2021 On Return Of Meme Stock Folk Hero ‘Roaring Kitty'
Forbes· 2024-05-13 14:07
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 ...
GameStop Stock Soars as 'Roaring Kitty' Posts for First Time in 3 Years
Investopedia· 2024-05-13 14:00
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 ...
GameStop rallies as meme stock trader returns
Proactive Investors· 2024-05-13 13:36
Group 1 - Proactive specializes in providing fast, accessible, and informative business and finance news to a global investment audience [1][2] - The news team covers a wide range of sectors including biotech, pharma, mining, natural resources, battery metals, oil and gas, crypto, and emerging technologies [2] - Proactive employs both human expertise and technology, including automation and generative AI, to enhance content production while ensuring all content is edited by humans [2] Group 2 - The company focuses on medium and small-cap markets while also keeping track of blue-chip companies and broader investment stories [2] - Proactive has a global presence with bureaus and studios located in major financial hubs such as London, New York, Toronto, Vancouver, Sydney, and Perth [1] - The editorial team is composed of experienced journalists who report on various sectors, including energy and aviation, especially during significant global events [1]
GameStop stock opened 45% up on Monday: here's why
Invezz· 2024-05-13 13:17
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 ...
Are meme stocks back? GameStop up 20% premarket
Finbold· 2024-05-13 10:56
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 ...