GameStop and AMC Surge as ‘Roaring Kitty’ Resurfaces, Reviving Meme Stock Frenzy

The post GameStop and AMC Surge as ‘Roaring Kitty’ Resurfaces, Reviving Meme Stock Frenzy appeared first on Coinpedia Fintech News

Keith Gill, known as “Roaring Kitty,” reappears online after three years, sparking a surge in GameStop and AMC stocks. Gill’s post on X and a YouTube video reignite interest in the meme stocks, which is also reminiscent of the 2021 frenzy. GameStop’s shares more than doubled, triggering multiple halts in trading because of volatility. In addition, Gill’s influence on retail investors reshapes the market dynamics, with short positions against GameStop reduced. The resurgence of meme stocks follows Gill’s cryptic return after his 2021 involvement in the retail investor revolution.