Today: 4 June 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

  • Sensex recovers 700 points as Nifty climbs past 23,450 on key market drivers
    June 4, 2026, 4:42 AM EDT. The Indian stock market staged a strong rebound with the Sensex recovering nearly 740 points and the Nifty 50 rising above 23,450. Key factors boosting investor sentiment included falling oil prices, a strengthening rupee, and easing Middle East tensions. Foreign portfolio investors face a prospective capital gains tax exemption on government securities, which could attract overseas capital. Banking stocks outperformed ahead of the Reserve Bank of India's monetary policy decision. Zomato-parent Eternal and Titan led individual stock gains, while Trent shares declined. Market breadth was positive, with midcap and smallcap indices gaining around 1%. India VIX, a volatility gauge, dropped sharply, signaling reduced market uncertainty.

Latest articles

Verizon Hires Deutsche Telekom Tech Head as Retail Wait Times Draw Scrutiny

Verizon Hires Deutsche Telekom Tech Head as Retail Wait Times Draw Scrutiny

4 June 2026
Verizon hires ex-Deutsche Telekom exec Abdu Mudesir to lead network and tech as CEO Dan Schulman pushes a turnaround after posting its first Q1 postpaid phone subscriber gain since 2013, but in-store sales pressure and lagging customer satisfaction threaten progress; Mudesir’s impact likely seen in 2027, with Russo staying through Q1 2027.
Navitas Stock Gets Boost from Nvidia But Risks Remain for Traders

Navitas Stock Gets Boost from Nvidia But Risks Remain for Traders

4 June 2026
Navitas surged 19.3% to $30.84 after announcing its 800 VDC power board is featured in NVIDIA’s MGX AI infrastructure, but shares dropped 7.25% after hours as investors weighed technical validation against weak revenue and stiff competition, with analysts warning the stock trades far above target prices despite ongoing losses.
Marvell Shares Set New High With Nvidia Surge Lifting Chip Suppliers

Marvell Shares Set New High With Nvidia Surge Lifting Chip Suppliers

4 June 2026
Marvell soared to a record $301.65 close after Nvidia CEO Jensen Huang called it the next “trillion-dollar company,” fueling an AI-led rally as investors reprice Marvell for its data-center networking and custom chip growth; record Q1 revenue and raised forecasts add momentum, but Morningstar warns the stock now trades well above its $235 fair value estimate with “High” uncertainty.
Wall Street Feels the Heat (and Thrill): Fed Cuts, Tariffs & Mega-Mergers Set NYSE Buzz

US Stock Market Today: Live Updates 04.06.2026

4 June 2026
LIVEMarkets rolling coverageStarted: June 4, 2026, 4:00 AM EDTUpdated: June 4, 2026, 4:47 AM EDT Sensex recovers 700 points as Nifty climbs past 23,450 on key market drivers June 4, 2026, 4:42 AM EDT. The Indian stock market staged a strong rebound with the Sensex recovering nearly 740 points and the Nifty 50 rising above 23,450. Key factors boosting investor sentiment included falling oil prices, a strengthening rupee, and easing Middle East tensions. Foreign portfolio investors face a prospective capital gains tax exemption on government securities, which could attract overseas capital. Banking stocks outperformed ahead of the Reserve Bank of
Dow Falls 620 Points After Broadcom’s After-Hours Move Shakes AI Stocks

Dow Falls 620 Points After Broadcom’s After-Hours Move Shakes AI Stocks

4 June 2026
Broadcom plunged 13.7% after hours to $413.62 as second-quarter revenue missed Wall Street estimates and its AI-chip sales forecast stayed unchanged, erasing one of the market’s last AI-linked supports just as the Dow fell 621 points and oil neared $100, stoking inflation and Fed risk concerns.
Power Solutions International Stock Plunges After Profit Sinks 62%; Data Center Bet Faces New Test
Previous Story

Power Solutions International Stock Plunges After Profit Sinks 62%; Data Center Bet Faces New Test

Byron Allen’s $120 Million BuzzFeed Takeover Puts YouTube Ambition at Center
Next Story

Byron Allen’s $120 Million BuzzFeed Takeover Puts YouTube Ambition at Center

Go toTop