A new Roaring Kitty’s post on X fueled GameStop stock price. It’s not the first time Keith Gill has boosted the sentiment over GME stock

Cryptocurrencies and stocks associated with “Roaring Kitty” rose Wednesday following the famed trader’s apparent ‘Merry Christmas’ wish. What happened: Keith Gill, better known online as Roaring Kitty,

Shares of the popular meme stock GameStop (GME) (GME) increased on Thursday afternoon after Keith Gill, the investor popularly known as “Roaring Kitty,” shared an image of a wrapped Christmas present on X.

Given its past, GME is highly sensitive to speculation, especially as it's still heavily shorted. Short interest makes up 7.6% of the stock's available float, and would take shorts three days to cover, at the stock's average pace of trading.

Meme stocks like AMC and GameStop get their price spikes from strong buying interest. GameStop jumped Thursday morning after meme investor Keith Gill, a.k.a. "Roaring Kitty," posted the image of a gift on Twitter/X on Wednesday.

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There's nothing too unusual about seeing a gift box emoji or graphic on social media around the holidays. Roaring Kitty's Christmas morning post, however, showing off a simple red, green, and gold-wrapped package,

Shares of GameStop Corp ($GME) rose more than 4% on Thursday after a cryptic post about Christmas from Roaring Kitty surfaced, setting retail activity abuzz. GameStop's stock was at $32.76 per share,