The Roaring Kitty Posted Again—And GameStop Stock Is Rising

Investopedia
2024-12-26

Did Roaring Kitty give meme-stock traders a Christmas present? While that isn’t presently clear, GameStop (GME) fans are doing a little shopping of their own this morning. 

Shares of the retailer associated with Keith “Roaring Kitty” Gill, who for many is the first person who comes to mind when the company comes up, were rising pre-market Thursday.

The gains, modest but noticeable at more than 3%, follow a Wednesday tweet from his X account that was characteristically vague—he often tweets clips from movies and other media without explaining their meaning, leaving much to the beholder—though also seasonal: an image of a wrapped gift box. 

Does that mean he got something nice? Has something to give? Likes nicely wrapped boxes? Predictably, people are wondering—and watching, with the message at recent count seen some 3.8 million times, according to X, with thousands of responses, retweets and likes. 

Shares of the company, meanwhile, are up nearly 80% in 2024, though below prices seen at the top of spikes largely inspired by Gill earlier this year. GameStop earlier this month reported its latest quarterly results, turning in a decline in sales and swinging to a net profit. 

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