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GameStop Stock Surges, Gets Halted For Volatility After Post From ‘Roaring Kitty’
GameStop's stock price increased by up to 110% on Monday following the unexpected return of "Roaring Kitty," a day trader who was instrumental in the 2021 "meme stock rally" on social media. This move put pressure on short sellers who had suffered a $1 billion loss as a result of the spike.