Categories: Market Watch

GameStop Stock Guy Roaring Kitty Tweets For First Time In 3 Years, GameStop And AMC Stocks Immediately Spike

Keith Gill, a.k.a. Roaring Kitty a.k.a. the guy behind the GameStop short squeeze back in 2021, has tweeted for the first time in 3 years and has subsequently caused the stocks of both GameStop and AMC to rise.

Gill’s tweet — an illustration of a man sitting forward in his chair while video gaming, which is colloquially known on the internet as the symbol for “locking in” — was posted on Sunday, May 12, marking his first tweet since June 18, 2021.

As of Monday, May 13, the price of GameStop has risen 99% over the last five days. As for AMC, its price has grown 20% in just one day.

The spike of the price of GameStop and AMC stock hasn’t gone unnoticed on the internet as memes about the popular phenomenon have already begun to flood social media.

The GameStop short squeeze, which first gained momentum on the subreddit r/wallstreetbets, escalated to such an extent — its peak came in late January 2021, with GME hitting $347.51 per share — that brokerage service app Robinhood controversially halted the buying of GameStop stock, which irreparably damaged the company’s reputation and resulted in countless lawsuits.

The GameStop short squeeze became such a ubiquitous pop culture moment that it was turned into a feature film titled Dumb Money, which was released in 2023. Gill was portrayed by Academy Award nominee Paul Dano, who starred in the Craig Gillespie-directed film alongside Seth Rogen, Sebastian Stan, Pete Davidson, America Ferrera, Vincent D’Onofrio, Nick Offerman, Anthony Ramos, Shailene Woodley, Dane DeHaan, and more.

Terron Gold

Recent Posts

Cypherpunk Launches World’s Largest Zcash Mining Fleet in $33 Million Winklevoss Deal

Cypherpunk Technologies is expanding its massive bet on Zcash by launching what it calls the…

5 days ago

MapleStory Universe Launches AI Game Jam With $15,000 in NXPC Prizes

MapleStory Universe is putting artificial intelligence in the hands of game creators with the launch…

6 days ago

Kalshi Pushes Beyond Prediction Markets With Copper Perpetual Future Filing With CFTC

Kalshi is making another major move beyond prediction markets, filing with the Commodity Futures Trading…

6 days ago

Coinbase Brings 50x Crypto Perpetual Trading to Base App Through Hyperliquid

Coinbase is bringing high-leverage decentralized derivatives directly into its Base App through an integration with…

6 days ago

Hong Kong Puts First Regulated Stablecoin to Work in Insurance and $49 Billion UAE Trade Market

Hong Kong's first regulated Hong Kong dollar stablecoin is moving beyond testing and into real-world…

6 days ago

Fake Trezor, Ledger and Exodus Apps Target Crypto Users in Massive Seed Phrase Scam

Cybersecurity researchers at Rapid7 have uncovered a sophisticated crypto fraud operation that used nearly 885,000…

7 days ago