GameStop mentions surge on Reddit, surpassing Nvidia

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GameStop mentions surge on

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, surpassing Nvidia

Tiffany Hagler-Geard | Bloomberg | Getty Images

GameStop has once again become a hot topic on

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‘s famed WallStreetBets page Monday after the man who helped make it a meme stock reappeared online.

Mentions of the video game retailer on the

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forum

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for the last seven days as of late Monday morning, according to market research platform Quiver Quantitative. With Monday’s boost, the stock surpassed artificial intelligence darling Nvidia to become the second-most referenced equity in that ******* — behind just the SPDR S&P 500 ETF Trust (SPY), a popular fund tracking the benchmark S&P 500 index.

GME stock performance year to date

GameStop was the most talked about equity on WallStreetBets by far on Monday, with more than 700 mentions in the last 24 hours. By comparison, the SPDR S&P 500 ETF Trust had the next most references with under 200.

Monday’s jump in discussion comes as “Roaring Kitty,” the user who helped catalyze the GameStop stock craze in 2021, posted online for the first time in nearly three years. “Roaring Kitty,” whose legal name is Keith Gill,

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of a video game player leaning forward in his chair in a position, suggesting he’s taking the game seriously.

It marked his first post on

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or X, formerly known as

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, since 2021. The post has already garnered roughly 80,000 likes since it went up around 8 p.m. ET on Sunday night.

He followed that up with

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to X on

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, with compilations of clips from popular TV shows and movies.

Several

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users shared screenshots of their GameStop positions on the WallStreetBets page following the news. One

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showed a screenshot of GameStop’s intraday chart with the caption, “oh we are so back.”

GameStop shares soared in Monday’s session and was halted several times due to volatility. With Monday’s rally, the so-called meme stock was up more than 70% in 2024.

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SPDR S&P 500 ETF Trust,Breaking News: Investing,Investment strategy,Breaking News: Markets,Markets,Stock markets,GameStop Corp,General Dynamics Corp,iShares U.S. Aerospace & Defense ETF,Raytheon Technologies Corp,S&P 500 Index,SPDR S&P Aerospace & Defense ETF,Exchange-traded funds,

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Inc,NVIDIA Corp,business news
#GameStop #mentions #surge #

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#surpassing #Nvidia

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