Keith Gill, known as “Roaring Kitty” on X and YouTube, and “DeepFuckingValue” on Reddit, made his first return to live streaming since the meme stock craze three years ago.
Roaring Kitty confidently returned, but without new jokes
GameStop stock price plummets 40%
Curiosity killed a cat
GameStop meme stock faces reality
In the highly anticipated live stream, which attracted six hundred thousand viewers, Gill expressed his confidence in GameStop CEO Ryan Cohen’s transformation. He reiterated his previous investment thesis, emphasizing his belief in the future of this video game retailer, but did not provide any new arguments to support his significant investment. Gill also clarified that the GameStop holdings he frequently shared in screenshots were entirely his personal investments, without any institutional support.
During Gill’s live stream, GameStop’s stock price was halted multiple times, ultimately closing down nearly 40% for the day. This significant drop was in response to the company’s earlier announcement, which showed a sharp decline in first-quarter sales and plans to sell more stock. Investors quickly reacted to this news, causing trading to fluctuate dramatically.
Digital artist Beeple mocked this current event with the meme “Curiosity killed a cat.” The huge GameStop sign smashed into Roaring Kitty.
Keith Gill’s return to live streaming as “Roaring Kitty” has reignited interest in the meme stock saga, reminding people of the intense speculation surrounding GameStop. While his steadfast belief in the company’s potential remains unchanged, the recent stock price decline highlights the obstacles this retail company must overcome in its transition process.