GameStop Corporation (NYSE:GME) stock soared in premarket trading on Monday amid possible retail investor interest following a social media post by Roaring Kitty.
Shares of struggling video game retailer GameStop surged around 60% in May from $10.91 on May 1 to $17.46 today but remain far from the peak of around $81.2 in 2021.
“Roaring Kitty,” a.k.a Keith Gill, a social media persona whose online posts reportedly sparked a trading frenzy in the so-called ‘meme stock’ in early 2021, returned on X.com (formerly Twitter) after three years.
GameStop stock also gained on Friday on heavy volume as traders circulated a screenshot of The Roaring Kitty’s X account showing the account liked a post from February, referencing the film, “Run, Lola, Run.
On Sunday, Gill shared a ...