May 28, 2024
Finance

GameStop stock tanks 25% as meme rally fades

GameStop stock (GME) tanked more than 25% Wednesday as a rally among meme names showed signs of fading. Shares of the video game retailer are coming off a two-day short squeeze. GameStop stock gained more than 180% in the prior two sessions. AMC stock (AMC) also fell more than 25% Wednesday after the theater chain

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Finance

Roaring Kitty is back and so are meme stocks. GameStop and AMC surge like it’s 2021

The man at the center of the pandemic meme stock craze appeared online for the first time in three years, sending the prices of thee quirky and volatile shares sharply higher Monday. Keith Gill, better known as “Roaring Kitty,” posted an image Sunday on the social platform X of a man sitting forward in his

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