It's starting to feel like 2021 again.
Last night "Roaring Kitty," the man who kicked off meme stock mania across 2020 and 2021, posted on Twitter for the first time in nearly three years.
The cryptic tweet sent day traders everywhere into a frenzy, shooting GameStop shares up as much as 110% this morning.
A darling of the meme stock craze, GameStop trading was halted multiple times early on, and currently sits up around 70%.
In 2021, "Roaring Kitty", whose real name is Keith Gill, rallied day traders across social media, primarily Reddit, to target the short positions of hedge funds and drive up prices of the stocks they were pessimistic about.
The movement led to huge losses for Melvin Capital, Ken Griffin's Citadel, and Steve Cohen's Point72 firms.
📸 : Roaring Kitty, YouTube
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