Summary
- Keith Gill, known as ‘Roaring Kitty’, reappeared online after three years, causing a surge in meme stocks like GameStop and AMC.
- Gill’s social media post and video reignited interest in GameStop, leading to a 60% increase in share prices.
- Other meme stocks, such as AMC Entertainment Holdings Inc., Koss Co., and BlackBerry, also experienced significant gains.
- Market dynamics have shifted since the initial meme stock craze, with shorter positions against GameStop now at just over 24%.
