GAMESTOP, AMC SOAR MORE THAN 70% EACH AS ‘ROARING KITTY' MEME TRADER RESURFACES

Summary from the TLDR newsletter

'Roaring Kitty', the man who inspired the epic short squeeze of 2021, posted online for the first time in roughly three years on Monday, causing GameStop and AMC shares to rally dramatically. The picture he posted of a video gamer leaning forward on their chair garnered 63,000 likes in 13 hours. He later posted a few videos with scenes from popular TV shows and movies, but there is no clear indication of what these posts mean. GameStop's stock has started to move higher recently, which, along with the enormous amount of short interest in the stock, may have rekindled his interest.