Tiffany Hagler Geard | Bloomberg | Getty Images
GameStop has once again become a hot topic RedditThe famous WallStreetBets page went public on Monday after the man who helped turn it into a meme stock resurfaced online.
Mentions of the video game retailer on the Reddit forum over the past seven days topped 1,200 as of Monday afternoon, according to market research platform Quiver Quantitative. With Monday's rally, the stock became the most referenced stock in the seven-day period, surpassing the SPDR S&P 500 ETF Trust (SPY)a popular fund that tracks the benchmark S&P 500 Index and artificial intelligence, darling Nvidia.
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GameStop was the most talked-about stock topic on WallStreetBets on Monday, with more than 1,000 mentions in the past 24 hours. With meme stocks AMC Entertainment had the second most references during this period with more than 500.
Monday's jump in discussion comes as “Roaring Kitty,” the user who sparked the GameStop stock boom in 2021, posted online for the first time in nearly three years. Roaring Kitty, whose real name is Keith Gill, is open
It was his first post on Reddit or
He followed up with more posts on X on Monday, featuring compilations of clips from popular TV shows and movies.
Several Reddit users shared screenshots of their GameStop positions on the WallStreetBets page following Roaring Kitty's return. However, it seemed that many posts on this topic were filtered out. One post showed a screenshot of GameStop's intraday chart with the caption, “Oh we're so back.”
GameStop shares surged in Monday's session and were halted several times due to volatility. Monday's rally saw the so-called meme stock rise 73.7% in 2024.