GameStop stock gains 110%, gets halted for volatility after 'Roaring Kitty' post

Yahoo Finance05-13

GameStop (GME) stock soared as much as 110% Monday and was temporarily halted for volatility after "Roaring Kitty," the person who is seen as the kickstarter of the meme stock frenzy during the ...

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The last time Roaring Kitty posted on X was in June 2021.Gill was known for posting commentary about why GameStop would go higher and eventually testified before Congress about the massive January 2021 short squeeze spurred by an army of retail traders.Short interest on GameStop sits at around 24% of the float, according to S3 Partners data.\"Including today's losses, GME shorts are now down -$1.34 billion in May month-to-date losses, and now down -$952 million for the year,\" Ihor Dusaniwsky","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4076":"电脑与电子产品零售","NYSE":"纽交所","DJT":"特朗普媒体科技集团","BK4108":"电影和娱乐","BK4577":"网络游戏","AMC":"AMC院线","BK4077":"互动媒体与服务","BK4585":"ETF&股票定投概念","BK4547":"WSB热门概念","GME":"游戏驿站","BK4588":"碎股"},"translate_title":"游戏驿站股市上涨110%，因“咆哮的小猫”帖子后波动而停牌","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AMC":1,"DJT":1,"GME":1,"NYSE":1},"content_text":"GameStop (GME) stock soared as much as 110% Monday and was temporarily halted for volatility after \"Roaring Kitty,\" the person who is seen as the kickstarter of the meme stock frenzy during the pandemic, posted online for the first time since 2021.\n\"Roaring Kitty,\" who was identified that year as Keith Gill, became a prominent figure on Wall Street Bets and YouTube for his bullish stance on GameStop (GME).\nSunday's post on X included a meme of a video gamer leaning forward, appearing to take the game seriously. The last time Roaring Kitty posted on X was in June 2021. \nGill was known for posting commentary about why GameStop would go higher and eventually testified before Congress about the massive January 2021 short squeeze spurred by an army of retail traders.\nShort interest on GameStop sits at around 24% of the float, according to S3 Partners data. \n\"Including today's losses, GME shorts are now down -$1.34 billion in May month-to-date losses, and now down -$952 million for the year,\" Ihor Dusaniwsky, managing director of S3 Partners, told Yahoo Finance on Monday. \nMonday's gains follows a recent rally in meme related stocks. Theater chain operator AMC (AMC) gained 19% during the session while Trump Media & Technology (DJT) gained 8%. \n\"Short sellers may be in for a bumpy and bloody ride in these stocks,\" said Dusaniwsky.\n\n\npic.twitter.com/YgjVqtgcNS— Roaring Kitty (@TheRoaringKitty) \n  May 13, 2024\n\n\nAs Yahoo Finance’s Jared Blikre recently noted, the recent meme stock surge doesn't appear to be the ominous signal it has been in the past, but rather a healthy risk appetite for investments.\n\n\n\n  A screen displays the logo and trading information for GameStop on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., March 29, 2022. REUTERS/Brendan McDermid\n \n\n  REUTERS / Reuters\n \n\nInes Ferre is a senior business reporter for Yahoo Finance. Follow her on Twitter at @ines_ferre.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.23.1","shortVersion":"4.23.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2435371554"}