"Dumb Money" was released in theaters in 2023 telling the story of Keith Gill and others involved in the GameStop short squeeze. Months later, Gill returns on social media as Roaring Kitty.
Meme stocks, led by Keith Gill, have resurfaced on social media, causing GameStop's stock to surge by 74% and AMC's by 80%. ETFs like ARCA:STCE can capitalize on this trend.
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.
Keith Gill‘s social media reappearance has pushed the GameStop stock 35% higher, but the the buzz around a comeback of meme stocks pales to the 2,000% spike of the GameStop meme co