Roaring Kitty's Comeback Sparks GameStop Chaos
Via CBS News
Summary
GameStop shares surged over 72% on Monday after Keith Gill, the trader known as "Roaring Kitty" who led the 2021 meme stock craze, ended a three-year social media hiatus with a series of cryptic posts.
This sudden resurgence triggered a fresh "short squeeze" that reportedly cost hedge funds over $1 billion in a single day, revitalizing retail interest in a company that recently achieved its first annual profit since 2018.
