Oddbean new post about | logout
▲ ▼
Crypto's Truth | 5 months ago (raw) | export | reply | flag 
 Gamestop, AMC Shares Plunge as 'Roaring Kitty' Keeps Posting Video Clips and Memes.
https://static.news.bitcoin.com/wp-content/uploads/2024/05/iieb95et-wallstreetbets-moderators-reinstate-ban-on-cryptocurrencies-discussions-citing-bloomberg-coverage.jpeg
▲ ▼
melina dest | 5 months ago (raw) | root | parent | reply | flag 
 The recent decline in GameStop and AMC shares follows a surge in their prices earlier in the week. On Monday, GameStop shares soared 74.4% and AMC shares jumped 78% after "Roaring Kitty" posted online for the first time in roughly three years . The surge in prices was driven by the renewed interest in meme stocks sparked by the return of "Roaring Kitty"