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GameStop Stock Drops After CEO Posts on X. The Meme Roller Coaster Continues.
GameStop stock was falling early Monday after the videogame retailer’s CEO Ryan Cohen made his first post in months on social-media platform X. GameStop stock has been on a wild ride over the past few weeks since investor Keith Gill, known as Roaring Kitty on social media sites, posted for the first time in years, reigniting the meme-stock frenzy from a few years ago. GameStop shares have spiked several times—with the price climbing higher than $60 at one point, from about $10 before Gill started posting again in May.
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