SunPower Corp (NASDAQ:SPWR) shares are trading higher Tuesday as high short-interest stocks gain amid the return of trader “Roaring Kitty” to social media. Additionally, the Biden administration raised tariffs on Chinese solar panels.
What To Know: The mania in meme stocks this week stems from a social media post from Keith Gill, best known as “Roaring Kitty” on YouTube and X or “DeepF***ingValue” on Reddit.
Following a three-year hiatus from social media, Gill took to X over the weekend, posting a meme of a person leaning forward in a chair, which sparked a rally in shares of GameStop Corp (NYSE:GME) and several other heavily shorted stocks.
Gill ...