Koss Corp (NASDAQ:KOSS) shares are ripping higher Wednesday. The stock appears to be moving on speculation about recent moves from meme stock trader Keith Gill, also known as "Roaring Kitty."
What To Know: Gill is behind a lot of the recent volatility in GameStop Corp (NYSE:GME) and other retail darlings as the trader made a return to social media in May following a three-year hiatus. Gill is often credited with spearheading the meme stock short squeeze that took place in 2021.
GameStop shares have battled selling pressure in recent sessions after Gill disclosed a 6.6% stake in pet retailer Chewy Inc (NYSE:CHWY). The connection here is that Chewy was founded by GameStop CEO Ryan Cohen. The SEC filing confirming Gill’s stake surfaced just days after the trader posted an image ...