A new Roaring Kitty’s post on X fueled GameStop stock price. It’s not the first time Keith Gill has boosted the sentiment over GME stock

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.

Cryptocurrencies and stocks associated with “Roaring Kitty” rose Wednesday following the famed trader’s apparent ‘Merry Christmas’ wish. What happened: Keith Gill, better known online as Roaring Kitty,

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.

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.

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,