GameStop is Roaring Based on Speculation Not Substance

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 ...