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GameStop Trader ‘Roaring Kitty’ Sparks Wall Street Rally In Heavily Shorted Stocks: What You Need To Know Right Now

The madness in meme stocks on Monday can be traced back to a social media post from Keith Gill, best known as "Roaring Kitty" on YouTube and X or "DeepF***ingValue" on Reddit. Several names with high short interest are ripping higher in the wake of the post. Yes, a simple meme has kicked off a buying frenzy in heavily shorted names.

ABIO

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What’s Going On With Lucid’s Stock?

According to a Bloomberg report, the Biden administration plans to raise tariffs on Chinese electric vehicle imports from 25% to 100%, Sources familiar with the situation said the administration is expected to announce the tariffs on EVs and other clean energy imports on Tuesday. Lucid shares are moving on heavy trading volume Monday with more than 39.5 million shares traded in the session.

LCID

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What’s Going On With VinFast Auto Stock?

Shares of GameStop, AMC Entertainment and other meme stock names are racing higher on renewed interest from retail investors after Keith Gill, a.k.a Roaring Kitty, posted a meme to his X account Sunday night followed by additional posts on Monday. VinFast shares are racing higher on heavy trading volume Monday with more than 11 million shares already traded in the session. According to data from Benzinga Pro, the stock has a 100-day average of volume of 2.181 million shares.

VFS