Monday, May 13, 2024 8:02:51 AM
- Video-game firm’s shares set to best March 2021’s 87% gain
- Fellow meme-stock AMC Entertainment also gains on Monday
By Subrat Patnaik 13 mei 2024
GameStop Corp. shares are poised for the kind of surge last seen during the meme-stock mania of 2021 — coinciding with the social media return of one of the stock’s biggest champions during that time.
The stock jumped as much as 38% in premarket trading, putting the video-game firm’s monthly gain on track to top the 87% rally it saw in March 2021. Monday’s move follows a cryptic post on X from Keith Gill, more popularly known by his social media alias “Roaring Kitty.”
Gill gained notoriety in 2021 after posting a series of videos online urging investors to jump on the GameStop bandwagon during the meme-stock frenzy. His post late Sunday evening attracted more than 8 million views in the hours since its publication and is the first from his account since June 2021.
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https://www.bloomberg.com/news/articles/2024-05-13/gamestop-surges-as-roaring-kitty-return-adds-fuel-to-rally?srnd=homepage-uk
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