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Meme Stock Guru Roaring Kitty Reappears And It’s Blast Off For GameStop, AMC Entertainment
A cartoon and series of videos on X suggest meme stock investor Roaring Kitty is back, sending shares of GameStop and AMC Entertainment soaring.
Shares of GameStop and AMC Entertainment exploded Monday, up close to 80% and 50%, respectively, as Roaring Kitty, aka Keith Gill, the trader and Reddit celebrity who sparked the so-called meme stock revolution on Wall Street starting in early 2021, posted on X (formerly Twitter) for the first time in almost three years. An investment advisor working at home during Covid, he researched video game retailer GameStop and saw solid fundamentals he thought weren’t reflected in the share price, and were being overlooked by the Street. Overnight last night, Gill’s @TheRoaringKitty account posted (below) a cartoon of what appears to be a stock trader leaning forward, seemingly ready to get to work, followed by a series of short videos.
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