GME Stock Alert: Ryan Cohen Raises GameStop Frenzy With Mobile App Tweet

Group 1 - GameStop's stock is down approximately 5% today despite CEO Ryan Cohen's tweet seeking mobile app developers, although the stock is still up about 40% year-to-date [1] - Cohen's tweet emphasized the need for experienced mobile app developers in Dallas, highlighting a hands-on work ethic and no college degree requirement [1] - The stock's decline comes amid ongoing interest in meme stocks, particularly influenced by notable figures like Roaring Kitty [1] Group 2 - Roaring Kitty, also known as Keith Gill, is facing a lawsuit for alleged stock manipulation related to GameStop, specifically a "pump-and-dump" scheme [2] - The lawsuit claims Gill purchased a significant number of GameStop call options before a social media post on May 12, 2024, which led to a 74% surge in the stock price the following day [2] - Gill's legal troubles could impact the broader meme-stock community, as he is a well-liked figure among retail investors [2]