GameStop Surges as Roaring Kitty Returns with Cryptic Post

1 min read
Source: TipRanks
GameStop Surges as Roaring Kitty Returns with Cryptic Post
Photo: TipRanks
TL;DR Summary

GameStop (GME) experienced a brief stock rally fueled by the return of Roaring Kitty, who posted a cryptic image on social media, sparking investor interest. Despite a surge in trading activity and a temporary increase in stock and cryptocurrency value, GameStop's fundamental business challenges persist. Analyst Michael Pachter maintains a Sell rating, citing significant downside risk.

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