Today: 14 May 2026
GameStop Stock Whipsaws After Roaring Kitty Posts Vanish, Sparking Hack Fears
12 May 2026
2 mins read

GameStop Stock Whipsaws After Roaring Kitty Posts Vanish, Sparking Hack Fears

New York, May 11, 2026, 18:51 EDT

• GameStop surged up to 13% following a burst of posts on Keith Gill’s X account, but the gains didn’t stick.

• Traders quickly wondered if the account was hacked after seeing posts referencing a Solana meme coin.

• Gill’s old “Roaring Kitty” account, though inactive, proved it can still whip meme-stock and crypto traders into action in a hurry.

GameStop Corp. shares swung sharply after hours Monday, jolted by brief activity on the X account tied to Keith Gill, known online as “Roaring Kitty.” The posts vanished in under an hour. GameStop initially jumped 13%, only to reverse lower, according to Bloomberg. Bloomberg

This caught attention because Gill’s account hadn’t posted in roughly 16 months, yet his updates have previously set off surges in GameStop and other meme stocks. Unlike before, the latest posts skipped any GameStop pitch; instead, one featured a Solana Pump.fun token address, BeInCrypto reported. Pump.fun lets users roll out low-profile crypto tokens fast, typically with minimal track record.

GameStop was last seen at $23.17, backing off from its earlier peak of $25.94. AMC Entertainment, another meme-stock favorite, slipped to $1.41. Trading action stayed tight yet volatile—typical for stocks that move more on retail-investor buzz than on the fundamentals alone.

Bloomberg reported that the X account shared a cat photo along with Pepe the Frog dressed in Gill’s trademark red bandanna. Both posts vanished from the platform at about 5:40 p.m. New York time, lasting under an hour before being deleted.

Traders zeroed in on Red Kitten Crew—RKC—on this day. Per BeInCrypto, its market cap shot up to $5.97 million at one point, later settling closer to $4 million. The 24-hour trading volume? $2.55 million.

CryptoNews.net reported on the incident as well, noting that some social-media users floated the idea that the Roaring Kitty account was hacked after it posted, then quickly deleted, a Solana-based Pump.fun contract address. GameStop holders began airing suspicions of fraud and “rug pull”—a term in crypto for when promoters ditch a token after luring in buyers. CryptoNews

Some disagreed with the hack theory. Market researcher Jake Wujastyk, for one, told BeInCrypto he didn’t believe the account was compromised, instead describing the post as “part of the plan.” BeInCrypto

Gill still hasn’t commented elsewhere about the deleted posts, according to BeInCrypto. For traders, that uncertainty is crucial: confirmation that Gill ran the account could set speculation off again. But if the account turns out to have been compromised, the token linked to it could collapse fast, potentially catching the eye of platforms or regulators.

GameStop has changed since the meme-stock frenzy of 2021. As of Jan. 31, the company reported $9.0 billion in cash, cash equivalents, and marketable securities. Net income for fiscal 2025 came in at $418.4 million, while annual net sales dropped to $3.63 billion from $3.82 billion a year earlier.

GameStop’s most recent annual report highlights its move beyond just videogames: collectibles accounted for 29% of sales in fiscal 2025. The company also shut down 727 U.S. locations over the year, following a review of its store fleet.

Gill, who shot to prominence during the 2021 GameStop short squeeze, resurfaced on X this May after three years away—lighting a fire under GameStop shares, which soared almost 75% in a single day. Monday saw a more muted, chaotic, and inconclusive turn of events. Still, the market’s attention remained fixed on his account.

Stock Market Today

  • Spotify Technology Share Price Reflects Undervaluation, DCF Model Shows 40.8% Upside
    May 14, 2026, 2:28 AM EDT. Spotify Technology's (SPOT) stock closed at $430.90, down 14.5% in the past month and 32.0% over the past year. Despite recent pullbacks, a Discounted Cash Flow (DCF) model estimates its intrinsic value at $727.33 per share, indicating the stock is 40.8% undervalued. The model projects free cash flow growing from €3.20 billion to €6.64 billion by 2030, underscoring growth potential. Investor focus remains on Spotify's expansion in the audio ecosystem and investments in content amid competition challenges. Spotify's valuation score stands at 4 out of 6 for potential undervaluation on Simply Wall St. This valuation contrasts with the stock's mixed recent returns, suggesting the market may be discounting its long-term prospects excessively.

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