June 16, 2024

Image for article titled GameStop meme stock mania, Nvidia earnings, and Bitcoin misses the party: Markets news roundup

Photo: Dado Ruvic (Reuters)

It looks like meme stocks are back in the game. Shares in video game retailer GameStop got a huge boost Monday due to a cryptic social media post. “Roaring Kitty,” the online name of American investor Keith Patrick Gill, who is known for igniting GameStop’s massive meme stock short squeeze in 2021, posted on X after a three-year hiatus — sending GameStop stock up as much as 110% and halting trading several times.

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