A SINGLE tweet sent shares of 'meme stock' favourites
The post (pictured) appeared to show a video gamer leaning forward on their chair, a meme indicating things are getting more serious. Roaring Kitty had been absent from all social media platforms since mid-2021.
Trading in the struggling company was suspended multiple times over the morning as the online world went into a frenzy and shares shot into the stratosphere. AMC, a separate meme stock, rose over 90 per cent by the afternoon.
Roaring Kitty, whose real name is
The meme stock rally began three years ago after Gill posted on Reddit's
Wallstreetbets discussion group. It involved individual investors taking aim at short sellers and hedge funds who were downbeat on
The meme stock trading ultimately resulted in trading platform Robinhood shutting down trading in
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