GameStop and other meme stocks fall after 3-day surge

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Jared Blikre,Roaring Kitty

Meme stocks are fizzling out after making massive gains on the return of 'Roaring Kitty,' who was largely responsible for the 2021 short squeeze of GameStop ...

Meme stocks are fizzling out after making massive gains on the return of"Roaring Kitty," who was largely responsible for the 2021 short squeeze of GameStop — U.S. stocks are rising Wednesday with hope that inflation is heading back in the right direction, and the S&P 500 is flirting with its record set a month and a half ago. But a stall in spending by U.S. households tired after years of high inflation is keeping the gains in check. The S&P 500 was 0.

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'Roaring Kitty' returns, sending meme stocks like GameStop surging once againIn this image from video provided by the House Financial Services Committee, Keith Gill, a GameStop investor, also known in social media forums as Roaring Kitty, testifies during a virtual hearing on GameStop in Washington, Thursday, Feb. 18, 2021.
Fuente: CBCNews - 🏆 2. / 99 Leer más »