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Shares of meme stocks surged Thursday following a cryptic post by Keith Gill, known as Roaring Kitty. Gill posted a mock Time magazine cover referencing the 2006 "You" Person of the Year issue ...
The meme-style rally comes amid rising signs of excess in US financial markets. Bitcoin surged past $100,000 for the first time, while stocks ply new records and credit spreads remain tight ...
Reacting to TIME Magazine's cover, one X user wrote: “Most of us have been panicking for 4 years.” “I thought this was a meme account,” another reacted.
Animal spirits in the US equity market rampaged into a handful of meme stocks after a cryptic afternoon X post from Keith Gill, the online persona known as Roaring Kitty who rose to fame in 2021 ...