GameStop shares surged due to "Roaring Kitty" (Keith Gill) returning to social media, reigniting interest in meme stocks.
GameStop shares surged after "Roaring Kitty," the pseudonymous trader Keith Gill, returned to social media platforms after a three-year hiatus, reigniting interest in meme stocks. Gill's posts on Reddit subcategory WallStreetBets in 2021 sparked a battle between small retail investors and large hedge funds betting against GameStop's survival, with shares rising by over 1,000%.
May 13, 2024
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