GameStop Shares Surge Following Influential Tweet

1 min read
Source: Investopedia
TL;DR Summary

GameStop shares surged by up to 14% after Keith Gill, known as Roaring Kitty, posted on X for the first time since September, sparking renewed interest in meme stocks. AMC Entertainment also saw a significant rise, while Chewy remained unaffected. Gill's posts have historically influenced meme stock movements, and his latest activity led to a flurry of speculation among his 1.6 million followers. Both GameStop and AMC later reduced their gains, closing up 6% and 5% respectively.

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