Solana Memes, GameStop Stock Jumps 44% in Premarket as ‘Roaring Kitty’ Returns on X

Gill’s analysis of the video game retailer GameStop on Reddit, starting in 2019 and gaining traction during the COVID pandemic, created a viral phenomenon at the time. It was largely cited as a driving factor in the GameStop short squeeze of January 2021 as several small-time traders banded together and purchased options and leveraged shares of the company.