GameStop and AMC Stocks Rise. How Roaring Kitty Just Reignited the Meme Frenzy.
The reason for the move typifies what the meme-stock frenzy is all about–speculation and volatility driven by an online meme.
GameStop shares purr to life after Roaring Kitty posts cryptic Tweet
GameStop Corp (NYSE:GME)'s ticker symbol $GME is trending on social media website X amid the latest meme rally on the video game retailer's share price. Shares in the company spiked nearly 6% on Friday and another 3% in Friday's pre-market session following the latest cryptic post from meme stock trader Roaring Kitty.
GameStop-Themed Memecoins Explode As Roaring Kitty Returns With Intriguing X Post: GME Coin Shoots Up Over 80%
Legendary trader Keith Gill, popularly known as Roaring Kitty, returned to social media on Thursday, sparking a wild spike in cryptocurrencies related to GameStop Corp. GME.
GameStop shares surge after cryptic post from ‘Roaring Kitty': ‘Seen that pattern again'
Gill posted a picture resembling a Time magazine cover from 2006 with a computer screen on X.
GameStop Stock Soars After Roaring Kitty Tweet
Shares of GameStop (GME) and other meme stocks popped on Thursday after Roaring Kitty, the online alias of meme stock ringleader Keith Gill, posted to X for the first time since September.
GameStop shares jump as cryptic 'Roaring Kitty' post sparks retail interest
GameStop's shares jumped on Thursday after a cryptic post from meme stock influencer Keith Gill, who shot to notoriety after his online personas and bullish bets on the video game retailer sparked a trading frenzy among mom-and-pop investors.
GameStop Rockets As Roaring Kitty Returns To X: What Does His Tweet Signal Ahead Of Q3 Earnings?
GameStop Corporation GME shares are surging Thursday after Roaring Kitty (aka Keith Gill) posted a new tweet signaling his return to social media.
GameStop: Why A Contrarian Stance May Pay Off Ahead Of Q3
GameStop, despite declining sales, has a strong cash position with virtually no debt, largely due to retail investor-driven equity sales during meme stock surges. The company focuses on omnichannel retail excellence, cost management, and leveraging brand equity, with potential investments beyond retail gaming under CEO Ryan Cohen. Short sellers are cautious due to GME's unpredictable variables and strong cash position, reducing short interest and supporting bullish momentum.
GameStop (GME) Surpasses Market Returns: Some Facts Worth Knowing
GameStop (GME) reachead $27.44 at the closing of the latest trading day, reflecting a +0.62% change compared to its last close.
GameStop: Is This Time Different?
GME's recent 55% rally is characterized by a slow, sustained uptrend, unlike the rapid spikes of 2021 and early 2024. The backdrop to the rally is also different. It hasn't been fuelled by memes or a Roaring Kitty post. Management is making some decent moves. Despite shrinking revenues, GameStop's improved margins and potential return to profitability this fiscal year are positive signs, but the $13B valuation remains questionable.
GameStop stock continues its climb amid squeeze chatter
Growing sentiment on Stocktwits that ‘a new squeeze is building'
Undercovered Dozen: Canadian Solar, Plymouth Industrial, GameStop, Samsara +
The 'Undercovered' Dozen highlights 12 lesser-covered stocks, showcasing diverse investment opportunities and sparking community discussion on their potential. Canadian Solar's shift to owning power plants is seen as ensuring consistent profits from electricity sales, mitigating manufacturing volatility and boosting future profitability. Plymouth Industrial REIT faces challenges with earnings misses and competitive disadvantages, making it less attractive compared to other industrial and retail REITs according to David Johnson.
