GameStop shares surge as Roaring Kitty returns to social media

Shares of GameStop skyrocketed Monday after the same amateur trader who drove the 2021 meme stock frenzy over the video game retailer returned to social media.

GameStop shares were up nearly 70 percent Monday morning, rising to roughly $30 per share from a Friday closing price of $17.39. GameStop shares had peaked at just under $36 Monday morning, the highest price since 2022.

The resurgence of GameStop shares appeared to be kicked off by a Sunday evening social media post from Keith “Roaring Kitty” Gill...