While these stocks can offer significant gains, they are also known for their high volatility and the risk of substantial losses.

Bloomberg / Contributor / Getty Images Did Roaring Kitty give meme-stock traders a Christmas present? While that isn’t presently clear, GameStop (GME) fans are doing a little shopping of their own this morning. Shares of the retailer associated with ...

GameStop (GME) shares are rallying Thursday afternoon following a new social media post from meme stock figure Keith Gill, also known as 'Roaring Kitty.' The influential trader shared a post on X (formerly Twitter) on Christmas morning featuring a green and red Christmas gift box.

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.

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,

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.