GameStop stock soars over 70% as ‘Roaring Kitty’ revival reignites meme-stock bonanza

GameStop stock (GME) soared as much as 110% Monday before paring gains, and it was halted for volatility numerous times after “Roaring Kitty,” the person who is seen as the kick-starter of the meme stock frenzy during the pandemic, posted online for the first time since 2021.

The stock crossed above $30 per share on Monday to close up 75%. Shares had been on an upward trend, rising about 60% over the past two weeks.

“Roaring Kitty,” who was identified that year as Keith Gill, became a prominent figure on the WallStreetBets subreddit and YouTube for his bullish stance on GameStop (GME).