GameStop Soars as Roaring Kitty Rekindles Meme Stock Mania – The New York Times

GameStop’s share price skyrocketed on Monday after the man who became the face of “meme stock” mania in 2021 with his enthusiastic promotion of the struggling video game retailer emerged from a three-year hiatus.

On Sunday evening, Keith Gill, the trader known on some social media platforms as Roaring Kitty, posted an illustration of a person holding a video game controller while leaning forward on a chair on X. On no other news, GameStop’s stock more than doubled in early trading, prompting several temporary volatility-related halts by the New York Stock Exchange. The shares were up about 74 percent at the close, adding billions in market value in a matter of hours.

Source: GameStop Soars as Roaring Kitty Rekindles Meme Stock Mania – The New York Times