Previous close | 7.00 |
Open | 4.90 |
Bid | 22.40 |
Ask | 26.20 |
Strike | 9.00 |
Expiry date | 2024-07-19 |
Day's range | 4.90 - 8.30 |
Contract range | N/A |
Volume | |
Open interest | 32 |
Shares of GameStop (GME) are soaring in Monday's trading session, fueled by the return of "Roaring Kitty" to the social media platform X. The video game retailer gained notoriety as a "meme stock," with Roaring Kitty's account playing a role in the company's Reddit-driven surge back in 2020. Yahoo Finance's Myles Udland and Seana Smith break down the details. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Angel Smith
Higher short interest could see GameStop stock keep going higher, but retail investor interest has also proved to be unreliable.
The man at the center of the pandemic meme stock craze returned to the social platform X for the first time in three years and has sent prices of some of those stocks surging at the opening bell Monday. Keith Gill, better known as “Roaring Kitty,” posted an image on Sunday of a man sitting forward in his chair, a meme used by gamers when things are getting serious. GameStop was a video game retailer that in 2021 was struggling as consumers switched rapidly from discs to digital downloads.