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 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.
Stablecoin giant Tether has dramatically escalated its enforcement activity after blacklisting 370 blockchain addresses and freezing approximately $514.64 million worth…
Crypto exchange giant Coinbase experienced a major service outage that disrupted trading, transfers, and exchange operations after…
Cross-chain messaging protocol LayerZero has publicly apologized for its handling of the massive Kelp DAO exploitthat drained approximately $292…
Executives from PayPal and Google Cloud said the future of “agentic commerce” — where AI agents autonomously buy goods,…
Crypto exchange giant Kraken is making a major move deeper into the U.S. financial system after its…
A major national security scandal has erupted in Taiwan after prosecutors indicted a Taiwanese news…