Roaring Kitty has come roaring back. The meme stock craze is once again gripping global financial markets.
But what on earth is a meme stock and who is Roaring Kitty? Can investors make their fortunes – or should they stay well clear?
The meme stock craze dates back to the dark days of the pandemic when investors turned to weird and (occasionally) wonderful ways to get through lockdown.
Shares in GameStop soared after Keith Gill posted on social media, under the usernames Roaring Kitty or Deepf***ingValue, urging ordinary investors to buy into the games retailer
Mr Gill (bottom left with his arm in a sling) shares his screen showing GameStop share data during his livestream
One person who shot to prominence in investing circles is Keith Gill – known to his followers on Youtube as Roaring Kitty and the rather more profane Deepf***ingValue on social media site Reddit.
The former financial analyst first shot to prominence…
