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GameStop (GME) Stock Surges as Retail Investors Rally Behind Roaring Kitty’s $115M Bet

GameStop (GME) Stock Surges as Retail Investors Rally Behind Roaring Kitty’s $115M Bet

Author:

Global Cryptocurrency

Published:

2025-10-27 09:10:03

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BTCCSquare news:

GameStop shares climbed to $27.22 in early October 2025, marking a significant rebound from its 52-week low of $20.30. The surge was fueled by renewed retail investor enthusiasm and a $115.7 million stake from Roaring Kitty, the meme stock icon.

The company's Q2 2025 earnings outperformed expectations with $972.2 million in revenue, up 21.8% year-over-year, and net income of $168.6 million. An 11-for-10 stock split and the distribution of warrants with a $32 strike price added further momentum to the rally.

Trading volume spiked to 14.5 million shares, well above the 8.6 million average, as short interest remained elevated at 66.8 million shares. The setup echoes conditions that could trigger another short squeeze.

By:

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