{"id":13888,"date":"2024-05-13T21:22:25","date_gmt":"2024-05-14T01:22:25","guid":{"rendered":"https:\/\/sikaoer.com\/keith-gill-known-as-roaring-kitty-sparks-meme-stocks-rally\/"},"modified":"2024-05-13T21:22:25","modified_gmt":"2024-05-14T01:22:25","slug":"keith-gill-known-as-roaring-kitty-sparks-meme-stocks-rally","status":"publish","type":"post","link":"https:\/\/sikaoer.com\/keith-gill-known-as-roaring-kitty-sparks-meme-stocks-rally\/","title":{"rendered":"Keith Gill, Known as Roaring Kitty, Sparks Meme Stocks Rally"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<p><strong>GameStop\u2019s shares have seen a rally of more than 70%, reminiscent of a few years ago. This time, it was due to the return of trader and investor Keith Gill, better known as \u201cRoaring Kitty.\u201d<\/strong><\/p>\n<p>The stock market was set ablaze on Monday as Keith Gill, famously known as \u201cRoaring Kitty,\u201d suddenly returned to social media, reigniting the meme stock frenzy that captivated the world in 2021.\u00a0<\/p>\n<h2 class=\"wp-block-heading\" id=\"h-speculation-mounts-around-meme-stocks\">Speculation Mounts Around Meme Stocks<\/h2>\n<p>Gill\u2019s post on X, depicting a video gamer intently leaning forward \u2014 a stance known to signal serious gameplay \u2014 was enough to send GameStop and AMC Entertainment\u2019s stocks through the roof, with increases of 77.5% and 77.9%, respectively.<\/p>\n<p>This dramatic market reaction marks the first time Gill has been publicly active since his last appearance roughly three years ago. The mysterious post quickly attracted over 12 million views, with Gill adding a cryptic video clip hours later, further fueling speculation and excitement among traders.<\/p>\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"\/>\n<p>GameStop saw its shares momentarily peak at a staggering 110% increase before stabilizing. The trading frenzy was so intense that it triggered multiple daily trading halts. Similarly, AMC shares also saw a significant uptick, with prices doubling at one point during the trading session.<\/p>\n<p>The resurgence of these stocks can be traced back to Gill\u2019s influence in the early days of the pandemic. His advocacy for GameStop, a struggling video game retailer at the time, drew in a horde of retail investors who opposed hedge funds shorting the stock.\u00a0<\/p>\n<p>This collective action forced massive buy-ins from short sellers, skyrocketing the stock\u2019s price and causing significant disruptions in the market.<\/p>\n<figure class=\"wp-block-image size-large\"><figcaption class=\"wp-element-caption\">GME and AMC Stock Performance. Source: TradingView<\/figcaption><\/figure>\n<p><strong>Read more: GameStop NFT Marketplace: The Basics Explained<\/strong><\/p>\n<p>Gill\u2019s recent activity has spurred buying in GameStop and AMC and spilled over to other meme stocks like BlackBerry and Trump Media & Technology Group Corp., which experienced their own respective rallies. Still, some industry analysts remain skeptical. <\/p>\n<blockquote class=\"wp-block-quote\">\n<p>\u201cI don\u2019t think they have the numbers to keep this up, nor do I think the shorts have the resolve shown by Gabe Plotkin three years ago, so likely this fizzles as the fundamentals continue to deteriorate,\u201d Wedbush\u2019s Michael Pachter said.<\/p>\n<\/blockquote>\n<div id=\"bic-c-disclimer-0735454a-8887-4512-b7fa-9f835eef9bac\" class=\"p-5 mt-6 rounded-lg border border-grey-200 \">\n<div class=\"pl-8 text-grey-700 [&_p:not(.dh)]:!p4 [&_p:not(.dh)]:!p4--ns [&_p:not(.dh)]:!mb-0\">\n<p class=\"p3 p3--ns mb-2 unstyled-content-p dh\">Disclaimer<\/p>\n<p>In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our\u00a0Terms and Conditions,\u00a0Privacy Policy, and\u00a0Disclaimers\u00a0have been updated.<\/p>\n<\/div>\n<\/div><\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/beincrypto.com\/roaring-kittys-sparks-meme-stock-rally\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>GameStop\u2019s shares have seen a rally of more than 70%, reminiscent of a few years ago. This time, it was due to the return of trader and investor Keith Gill, better known as \u201cRoaring Kitty.\u201d The stock market was set ablaze on Monday as Keith Gill, famously known as \u201cRoaring Kitty,\u201d suddenly returned to social [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":13889,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[39],"tags":[],"class_list":["post-13888","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market-analysis"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.6 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Keith Gill, Known as Roaring Kitty, Sparks Meme Stocks Rally - Sikaoer - The Best Crypto News Site.<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/sikaoer.com\/keith-gill-known-as-roaring-kitty-sparks-meme-stocks-rally\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Keith Gill, Known as Roaring Kitty, Sparks Meme Stocks Rally\" \/>\n<meta property=\"og:description\" content=\"GameStop\u2019s shares have seen a rally of more than 70%, reminiscent of a few years ago. This time, it was due to the return of trader and investor Keith Gill, better known as \u201cRoaring Kitty.\u201d The stock market was set ablaze on Monday as Keith Gill, famously known as \u201cRoaring Kitty,\u201d suddenly returned to social [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/sikaoer.com\/keith-gill-known-as-roaring-kitty-sparks-meme-stocks-rally\/\" \/>\n<meta property=\"og:site_name\" content=\"Sikaoer - The Best Crypto News Site.\" \/>\n<meta property=\"article:published_time\" content=\"2024-05-14T01:22:25+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/beincrypto.com\/wp-content\/uploads\/2024\/05\/GME_2024-05-14_00-13-41-850x477.png.webp\" \/>\n<meta name=\"author\" content=\"SikaoerAdmin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"SikaoerAdmin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/sikaoer.com\/keith-gill-known-as-roaring-kitty-sparks-meme-stocks-rally\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/sikaoer.com\/keith-gill-known-as-roaring-kitty-sparks-meme-stocks-rally\/\"},\"author\":{\"name\":\"SikaoerAdmin\",\"@id\":\"https:\/\/sikaoer.com\/#\/schema\/person\/43f022757a102cf0dbe32031e6c7cf67\"},\"headline\":\"Keith Gill, Known as Roaring Kitty, Sparks Meme Stocks Rally\",\"datePublished\":\"2024-05-14T01:22:25+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/sikaoer.com\/keith-gill-known-as-roaring-kitty-sparks-meme-stocks-rally\/\"},\"wordCount\":433,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/sikaoer.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/sikaoer.com\/keith-gill-known-as-roaring-kitty-sparks-meme-stocks-rally\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/sikaoer.com\/wp-content\/uploads\/2024\/05\/Keith-Gill-Known-as-Roaring-Kitty-Sparks-Meme-Stocks-Rally.webp.webp\",\"articleSection\":[\"Market Analysis\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/sikaoer.com\/keith-gill-known-as-roaring-kitty-sparks-meme-stocks-rally\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/sikaoer.com\/keith-gill-known-as-roaring-kitty-sparks-meme-stocks-rally\/\",\"url\":\"https:\/\/sikaoer.com\/keith-gill-known-as-roaring-kitty-sparks-meme-stocks-rally\/\",\"name\":\"Keith Gill, Known as Roaring Kitty, Sparks Meme Stocks Rally - Sikaoer - The Best Crypto News Site.\",\"isPartOf\":{\"@id\":\"https:\/\/sikaoer.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/sikaoer.com\/keith-gill-known-as-roaring-kitty-sparks-meme-stocks-rally\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/sikaoer.com\/keith-gill-known-as-roaring-kitty-sparks-meme-stocks-rally\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/sikaoer.com\/wp-content\/uploads\/2024\/05\/Keith-Gill-Known-as-Roaring-Kitty-Sparks-Meme-Stocks-Rally.webp.webp\",\"datePublished\":\"2024-05-14T01:22:25+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/sikaoer.com\/keith-gill-known-as-roaring-kitty-sparks-meme-stocks-rally\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/sikaoer.com\/keith-gill-known-as-roaring-kitty-sparks-meme-stocks-rally\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/sikaoer.com\/keith-gill-known-as-roaring-kitty-sparks-meme-stocks-rally\/#primaryimage\",\"url\":\"https:\/\/sikaoer.com\/wp-content\/uploads\/2024\/05\/Keith-Gill-Known-as-Roaring-Kitty-Sparks-Meme-Stocks-Rally.webp.webp\",\"contentUrl\":\"https:\/\/sikaoer.com\/wp-content\/uploads\/2024\/05\/Keith-Gill-Known-as-Roaring-Kitty-Sparks-Meme-Stocks-Rally.webp.webp\",\"width\":1280,\"height\":720,\"caption\":\"Roaring Kitty&#8217;s Return Sparks Meme Stocks Rally\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/sikaoer.com\/keith-gill-known-as-roaring-kitty-sparks-meme-stocks-rally\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/sikaoer.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Keith Gill, Known as Roaring Kitty, Sparks Meme Stocks Rally\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/sikaoer.com\/#website\",\"url\":\"https:\/\/sikaoer.com\/\",\"name\":\"Sikaoer\",\"description\":\"Latest Bitcoin &amp; 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