GameStop's stock surge continues, punishing short sellers

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 ...