13 May, 2024
GameStop stock (GME) soared as much as 110% on Monday before paring gains, and it was halted for volatility numerous times. The surge followed an online post by “Roaring Kitty,” the figure credited with kick-starting the meme stock frenzy during the pandemic, marking his first online appearance since 2021. The stock price crossed $30 per share on Monday, continuing a trend that saw it rise about 60% over the past two weeks.