It was just shy of a month ago when Keith Gill, better known as Roaring Kitty, began posting on his Twitter account giving some amateur investors hope that GameStop’s stock would skyrocket in value like it did in 2021.
GameStop stock was once again skyrocketing Tuesday, a day after the return of Roaring Kitty — the American investor known for his Reddit posts — drove the shares sharply higher and
GameStop and other meme stocks surged wildly on Monday morning as Keith Gill returned to social media.
Donald Trump’s social media enterprise officially became a publicly traded company on Tuesday, with its stock price jumping 16% to $58 a share.
Beware the apes, Reddit told the world in its IPO documents, though not in such explicit terms. Put simply, the company warned potential investors that one of its subreddits, the infamous r/WallStreetBets, could make its stock price and volume extremely volatile—and there’s little Reddit can do about it.