GME: GameStop Shares Jump 75% After ‘Roaring Kitty’ Makes Surprise Comeback

Reddit favorite who inspired the 2021 retail bonanza resurfaced for the first time in three years with — you guessed it — a meme post on X.

• GameStop stock GME roared back to life with a powerful 75% surge after meme-stock guru and the one who started it all — Roaring Kitty — made a surprise comeback. Keith Gill, using the moniker Roaring Kitty, posted online for the first time in about three years. It was a meme post on X of a man leaning forward in his chair, an image posted by GameStop in February. And, apparently, people figured out it was time to buy up. Shares of GameStop shot up more than 118% before closing down lower.
• Trading in GameStop was so volatile it had to be halted several times, just as the good old days of the 2021 retail-fueled pump-chasing meme-stock trading bonanza. This month alone, shares of the video game retailer have skyrocketed just under 200%. Almost looks like the day trading mentality has swept Wall Street once again.
• The meme stock corner got injected with a fresh dose of volatility. Shares of AMC AMC also caught the frenzy, rallying nearly 80% on the day. Reddit’s market-moving forum WallStreetBets was on fire. The GME ticker dominated the board with the most mentions — over 1,300 — over the past 24 hours. It was followed by AMC with more than 1,000 mentions for the same time span.