Keith Gill, an important trader who goes by the name “Roaring Kitty,” posted a picture of a dog on social media on Thursday. It was the latest in a series of mysterious posts on X.
It was Gill’s first post on X since June 17, when he shared a picture from the Walt Disney Co. DIS, -0.01% animated movie “Encanto.” The post has been seen 2.5 million times.
When Gill went back on social media last month, shares of GameStop Corp. GME, +3.68%, the company that made the original meme, went through the roof. The stock went up again after a post on June 2 on Reddit from an account linked to Gill seemed to show that he had a big stake in the video game store.
Like his other posts on the platform, Gill’s most recent one on X is making a lot of people talk about what it means. Some people have thought that the post might be about Chewy Inc. CHWY, -0.31%, an online store that sells pet supplies.
“He’s back!” Investors and traders can connect with each other on Stocktwits, which posted on X.
Ryan Cohen is the CEO of GameStop. He was also the CEO and co-founder of Chewy. Thursday, shares of the company that makes products for pets went up for a short time before ending the day down 0.3%. The number of trades in the stock was 63.79 million, which is a lot more than the average of 11.27 million over the past 65 days.
GameStop’s stock went up too, ending the day up 3.7%. It took 34.64 million trades to reach the 65-day average of 47.78 million trades. AMC Entertainment Holdings Inc. AMC, +2.14%, another popular meme stock, ended the day up 2.1%, more than the 0.1% gain in the S&P 500 index.
The stock price of Petco Health & Wellness Co. WOOF, +0.30% also went up on Thursday, ending the day up 0.3%. In late trading, the stock was up 5.4%.
