GameStop's stock rallied on Monday, surging over 110% before trading was temporarily halted due to volatility.
The rally has been ignited by a post from Keith Gill, the trader known as "Roaring Kitty," who was central to the 2021 meme stock frenzy. This marks Gill's first social media appearance in nearly three years, with a post on X playfully hinting at his return to active trading. Gill, a former Massachusetts Mutual Life Insurance marketer, is known on Reddit as DeepF------Value.
As of 10:01 am ET, GameStop shares were up 110.19% to 36.70%.