Roaring Kitty Posts Again: What's Going On With GameStop, AMC, Chewy Stocks?

Zinger Key Points
  • The Roaring Kitty account returns with a new post on X after a hiatus. 
  • Some are speculating that the post could be a reference to Chewy, Inc.

GameStop Corporation GME and AMC Entertainment Holdings, Inc. AMC shares are trading higher on heavy volume Friday after the Roaring Kitty account returned with a new post on X after a hiatus. 

The Details:

Roaring Kitty, posted another cryptic message on X with an image of characters from Toy Story with the dog's face superimposed. Some are speculating that the post could be a reference to Chewy, Inc. CHWY stock in which Keith Gill had previously revealed a large position. 

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Roaring Kitty's most recent post before Friday's was on June 27 when the account posted a picture of the same dog face causing speculation about a potential investment. Gill later revealed a 6.6% stake in Chewy. 

GameStop and AMC shares spiked immediately following the social media post at 12:00 p.m. ET. Chewy shares saw a sharp decline at the same time, but have since recovered. 

GME, AMC, CHWY Price Action: According to Benzinga Pro, GameStop shares are up 3.39% at $23.15, AMC Entertainment shares are up 1.05% at $4.78 and Chewy shares are up 0.57 at $26.31 at the time of publication Friday.

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Image made via photos on Shutterstock. 

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