The Return of Meme Stock Madness: Should You Steer Clear of GME, AMC and RDDT?
GameStop(GME) Investor Place·2024-06-21 18:30
Meme stock madness has returned to Wall Street after a three-year hiatus, with Roaring Kitty (a.k.a. Keith Gill) drawing in massive crowds online with his big bets on GameStop (NYSE:GME) stock. Though Roaring Kitty has since (reportedly) dumped his GME options, he’s still long on the stock big-time, with a huge stake worth anywhere from $220,000 to $262,000. Given how profoundly volatile GME stock has been, the value of his stake is sure to change by double-digit percentage amounts on any given day.Although ...