GameStop’s stock surge continues, punishing short sellers

GameStop shares are skyrocketing for a second day, adding to the 74% rally on Monday fueled by the unexpected social media return of retail investor "Roaring Kitty" after a three-year hiatus. Other meme stocks, such as AMC and Beyond Meat, also saw big gains. Roaring Kitty, also known as Keith Gill, marked his return with a Sunday post on X of a drawing of two gamers – one appears to be leaning in, noted by a red arrow.

"This type of action with no basis in fundamentals is simply not worth chasing as you're bound to get burned eventually.

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