GameStop Stock Soars After Roaring Kitty Tweet

Core Insights - GameStop (GME) and other meme stocks experienced significant price increases following a post by Keith Gill, known as Roaring Kitty, on X, marking his first activity since September [1][4] - GameStop shares rose by as much as 14%, while AMC Entertainment (AMC) surged by up to 13% [1] - Gill's post featured a fake TIME Magazine cover and garnered 3.1 million views shortly after being posted [2] Group 1 - Keith Gill has a history of influencing meme stock rallies through cryptic posts on X, where he has 1.6 million followers [3] - His previous post in early September led to a decline in Chewy's stock while boosting GameStop's shares [3] - After a hiatus, Gill returned to X in May and has been posting sporadically, each time generating speculation and market movements [4] Group 2 - GameStop and AMC later reduced their gains, closing up 6% and 5% respectively by 3:45 p.m. ET [4]