Roaring Kitty's Comeback Ignites Massive Gains in GameStop & AMC

Monday, 13 May 2024, 22:24

Keith Gill, known as Roaring Kitty, reemerged on social media, causing meme stocks like GameStop and AMC to soar by over 70%. Gill's return stirs speculation and excitement among traders, with GameStop's shares peaking at a remarkable 110%. The resurgence of meme stocks traces back to Gill's earlier support for GameStop during the pandemic, challenging hedge funds and causing market disruptions.
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Roaring Kitty's Comeback Ignites Massive Gains in GameStop & AMC

Speculation Mounts Around Meme Stocks

The stock market was set ablaze on Monday as Keith Gill, famously known as Roaring Kitty, suddenly returned to social media, reigniting the meme stock frenzy that captivated the world in 2021.

Dramatic Market Reaction

The post on X and a cryptic video clip from Gill attracted millions of views, leading to significant spikes in GameStop and AMC Entertainment’s stocks.

GameStop briefly surged by 110%, triggering multiple trading halts, while AMC also experienced a substantial increase during the trading session.

Impact of Gill’s Resurgence

Keith Gill's recent activity not only influenced GameStop and AMC but also led to rallies in other meme stocks like BlackBerry and Trump Media & Technology Group Corp., although some industry analysts remain doubtful about the sustainability of these gains.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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