GameStop (GME): Keith “Roaring Kitty” Gill Returns, Stock Surges Up to 100%
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The main icon behind the GameStop saga is back on social media after almost three years in the dark. GameStop stock’s initial 100% up reaction says it all. Keith Gill, also known as “Roaring Kitty,” has resurfaced on social media after nearly three years, sparking a significant surge in GameStop stock. Gill’s return marks a…
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The resurgence of meme stocks, fueled by Keith Gill’s return to social media, has reignited retail investor enthusiasm and led to significant price jumps on GME, AMC, BYON and DJT. Keith Gill’s return to social media, with a single post on X/Twitter, sparked a surge in trading for meme stocks like GameStop, AMC, and Beyond…
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Trump Media’s May run has seen shares soar, driven by speculation and news, amidst strong short-term bullish signals. Trump Media Technology Group (NASDAQ: DJT) shares surged nearly 20% in May alone, with a total increase of over 100% since mid-April. Speculation and news related to Donald Trump and a shortage of shares for lending are…
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AMC’s Q1 results show steady progress, but challenges persist, with slower-than-expected growth and concerns about debt. AMC reported a loss per share of 78 cents in Q1 2024, slightly better than expected. Total revenue remained stable, with notable per-patron metrics and contribution margin improvements. CEO Adam Aron cautioned investors to lower expectations for Q2, projecting…
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GameStop is on the brink of reclaiming its $5 billion valuation once more. GameStop’s stock has surged by 50% since the beginning of May, driven by bullish market sentiment and intense short pressure, leading to a short squeeze. Technical analysis suggests a bullish trend with the crossover of shorter-term moving averages (SMA 50) above longer-term…
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Trump Media stock is surging. Could this be the emergence of another meme frenzy protagonist? Trump Media (DJT) mirrors GameStop and AMC’s meme stock characteristics, including a compelling narrative, social media visibility, and extreme volatility. Short-selling expert Ihor Dusaniwsky suggests a potential “mother of all short squeezes” for DJT, with technical indicators hinting at a…
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Shares in Carvana (CVNA) surged by as much as 37% following the release of its Q1 2024 results, which the company itself hailed as its best quarter in history. The used car sales company reported sales of 91,878 vehicles in the quarter, marking a 16% increase compared to Q1 2023. This represents the company’s third…
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Trump Media & Technology Group is raising awareness among its shareholders regarding harmful trading practices in the stock market. Trump Media & Technology Group highlights steps for shareholders to prevent short selling by recalling shares or transferring them to the Direct Registration System (DRS). DRS offers increased control over investments, preventing illegal short trades by…
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According to GameStop’s co-founder, the company now led by Ryan Cohen needs to reduce its stores footprint in order to succeed in the long term. Co-founder Gary Kusin advises GameStop to streamline operations by reducing its store footprint through layout optimization and increased online sales. Despite challenges, GameStop reported its first annual profit in 2023…
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Could Biden’s comments regarding “Trump’s stock” have acted as a lid or fuel for sentiment among DJT shareholders? Biden’s Dig and Truth Social’s Reply: Biden’s jab at Truth Social stirred controversy. The platform highlighted Biden’s own use and financial stability. DJT’s Market Impact and Worries: DJT’s stock heavily relies on market sentiment driven by Trump’s…