Tiffany Hagler Geer | Bloomberg | Getty Images
game stop is becoming a hot topic again redditThe man who helped popularize the meme stock reappeared online on Monday on his famous WallStreetBets page.
As of Monday afternoon, there had been more than 1,200 mentions of the video game retailer on Reddit forums over the past seven days, according to market research platform Quiver Quantitative. Monday’s rally made the stock the most-referenced stock over the past seven days. SPDR S&P 500 ETF Trust (SPY)popular funds that track benchmarks S&P500 Index and artificial intelligence darling Nvidia.
GME Stock Price Performance Year-to-date
GameStop was the most talked about stock on WallStreetBets on Monday, with more than 1,000 mentions in the past 24 hours.fellow meme stock AMC Entertainment The next highest number of references in that period was over 500.
Monday’s spike in discussion comes from the first online post in nearly three years by user “Roaring Kitty,” who helped fuel the 2021 GameStop stock boom. Roaring Kitty, whose real name is Keith Gill, posted a photo to X of the video game player slouched in a chair, suggesting he was serious about the game.
This marked his first post on Reddit or X since 2021. The post has already received nearly 100,000 likes since it was posted around 8pm ET on Sunday night.
He posted an additional compilation of clips from popular TV shows and movies to X on Monday.
Multiple Reddit users shared screenshots of GameStop positions on the WallStreetBets page following Roaring Kitty’s resurgence. However, many posts on this topic seemed to be excluded. One post featured a screenshot of GameStop’s intraday chart with the caption, “Oh, we’re back again.”
GameStop shares soared in Monday trading, but were halted several times due to high volatility. Monday’s rally pushed the so-called meme stock up 73.7% in 2024.
