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Roaring Kitty’s Return: What’s Going On With Reddit Stock?

Reddit Inc (NYSE:RDDT) shares are trading higher Monday after an account associated with GameStop Corp (NYSE:GME) trader Keith Gill posted on the platform for the first time in three years. Gill, best known as "Roaring Kitty" on YouTube and X or "DeepF***ingValue" on Reddit, posted a screenshot to Reddit suggesting he currently has a $116 million bet on GameStop.

GME

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Wall Street Eyes Positive June Start, GameStop Skyrockets On Renewed Meme Rally: Optimistic Analyst Sees Stocks Defying Historical ‘June Swoon’

Wall Street is eyeing a strong start to the week, with mega-cap tech stocks and the resumption of the meme rally likely providing the thrust the market needs to break out of the lackluster phase seen in late May. The meme stock rally set in motion by Roaring Kitty’s disclosure of a huge GameStop Corp.

AMC