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The Roaring Kitty Posted Again—And GameStop Stock Rose Again
GMEGameStop(GME) Investopedia·2024-12-26 21:25

Company Performance - Shares of the retailer associated with Keith "Roaring Kitty" Gill rose on Thursday [2] - The company's shares are up nearly 90% in 2024, trading at some of their highest levels since June, though still below prices seen at the top of spikes earlier this year [3] - GameStop reported a decline in sales but swung to a net profit in its latest quarterly results [6] Market Reaction - The gains of nearly 6% followed a Wednesday tweet from Keith "Roaring Kitty" Gill's X account, which featured an image of a wrapped gift box [5] - The message from Gill's tweet was seen some 4 million times, with thousands of responses, retweets, and likes [1] Investor Sentiment - GameStop fans engaged in shopping activity, potentially influenced by the recent developments and Gill's tweet [4]