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'Roaring Kitty' Trader Returns, Causing GameStop Shares To Jump More Than 70%
GameStop shares surged over 72% on Monday after Keith Gill, also known as "Roaring Kitty," returned to social media following a three-year hiatus. Gill gained notoriety for his role in the 2020 meme stock frenzy, where he encouraged amateur investors to buy GameStop shares, significantly driving up ...
GameStop shares surged over 72% on Monday after Keith Gill, also known as "Roaring Kitty," returned to social media following a three-year hiatus. From a report: He resurfaced on X, Sunday night, with an image of a sketched man leaning forward in a chair, marking the end of a roughly three-year hiatus. GameStop had experienced declining sales amid an industrywide pivot from game cartridges to video game streaming and digital downloads, but with the help from meme stock investors, last March the company turned its first profit in two years.
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