Shares of GameStop (GME) are soaring Monday, fueled by a post from the influential meme trade figure known as "Roaring Kitty." The investor took to social media platform Reddit (RDDT) to share a screenshot purportedly revealing his $175 million position in the company's stock — shares and options included. Yahoo Finance's Josh Schafer breaks down the details. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Angel Smith
Nvidia and AMD rose early Monday as they laid out their AI chip roadmaps. GameStop soared as meme investor Roaring Kitty touted a big stake.
Meme stocks rally again after Roaring Kitty Keith Gill reveals a $180 million position in GameStop stock and options.