GameStop Corp (NYSE:GME) shares are moving higher in early trading Thursday. Retail traders appear to be circling a new social media post from meme stock trader Keith Gill, also known as “Roaring Kitty."
What To Know: Gill made his first post in about three weeks on X late Wednesday, which has sparked volatility in shares of GameStop and other related names.
The new post features a dog hanging out on a sidewalk outside of a pizza shop. The song “I Will Wait For You,” sung by Connie Francis, plays throughout as the dog appears to be waiting for something.
GameStop shares tend to see increased attention whenever Gill is active on social media, but most traders appear to believe the meme stock trader may be hinting at another name on his radar.
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Gill’s previous post on X featured a short clip of comedian and actor Dave Chappelle impersonating musician Rick James. The meme often includes the word "Unity" overlayed on the image. "Unity" is also the name of a James song from the 1980s.
Gill is best known for playing a leading role in the historic 2021 meme stock craze that saw GameStop and other heavily shorted names squeeze higher. He made a return to social media last year following a three-year absence.
GME Price Action: GameStop shares were up 2.47% at $28.34 at the time of publication, according to Benzinga Pro.
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