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 brought meme stock mania back to the market. The video game retailer’s stock was up a whopping 120% in pre-market trading Tuesday morning. The shares were up 82% after markets opened, and have now spiked almost 210% over the last week.
And popular memecoins Dogecoin and Shiba Inu jumped more than 6% and about 5%, respectively. Gill gained national attention during the pandemic for his bullish analysis of GameStop on Reddit. On Sunday, he posted a picture on X showing a gamer leaning forward in the chair, indicating intense focus — and prompting speculation among followers that he’ll return to Reddit. The tweet has been viewed by over 10 million people as of Monday morning.
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