speedbaccarat| GameStop skyrocketing Roaring Kitty once again sparks retail craze

editor2024-05-14 06:33:0252

Topic: the surge of game post stations Roaring Kitty once again set off retail frenzy

Shares of GameStop Corp. GameStop Corp. Soared on Monday amid widespread speculation about Keith Gill's return to social media. Gill, nicknamed Roaring Kitty, drove the "meme-stock" craze in 2021.

The account's post on social media platform X showed a man leaning forward with what looked like a game controller. Some traders think this means that Gill is about to move again. Gill account has been dormant for a long time, 2021SpeedbaccaratHe shot to fame by calling on day traders to short GameStop on Reddit.

The post received more than 12 million hits within hours of posting. At 11:00 new York time, Gill posted another X post, this time with a short video saying, "all right, I'll do it myself."

The reaction to Gill's initial post was reminiscent of the market frenzy of 2021, when discussions on Reddit's WallStreetBets forum and events on StockTwits sparked a buying spree among retail investors.

"he was able to win a large crowd, which shows that people once again have FOMO (afraid of stepping into the sky) and YOLO (Speedbaccarat"you only live once) a strong feeling," said Peter Atwater, visiting professor at the College of William and Mary and the University of Delaware, president of Financial Insyghts. "when people devote themselves to things of pure speculative value, their confidence is very high, which is one of the ways they express themselves."

More than 1Speedbaccarat7.5 billion GameStop shares changed hands, almost 30 times the one-year average. In the first 90 minutes of trading, trading in the stock was suspended nine times due to market volatility. Shares rose 119% at one point on Monday. Closed up 74% to 30%.Speedbaccarat.45 dollars.

Before Monday's rally, GameStop had risen for three consecutive weeks, with a cumulative increase of 68%, the longest consecutive rise so far this year.

GameStop soared by more than 2000% at the beginning of 2021, bringing the meme craze into public view. After peaking at the end of January 2021, the stock plummeted about 88 per cent in three weeks.

At the same time as GameStop surged on Monday, AMC Entertainment Holdings Inc., another stock favored by retail investors, rose 102% at one point. The stock has fallen more than 99 per cent since its peak in 2021.

speedbaccarat| GameStop skyrocketing Roaring Kitty once again sparks retail craze