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The latest rally erupted on Monday following the return to social media of Keith Gill, who drove the meme-stock mania of 2021 under the moniker “Roaring Kitty.” Gill shot to fame that year by rallying day traders on Reddit in an effort to squeeze GameStop short sellers.
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“I think it shaped up pretty good for everybody here,” said Tuttle Capital Management CEO Matthew Tuttle. “They did what they needed to do, and the shareholders didn’t get wiped out.”
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