Business Rundown: GameStop, Roaring Kitty, & The Meme Stock Craze

When big topics in the financial world pop up, sometimes you’re going to need some context. On the business rundown, we’ll catch you up to speed. For today’s Deep Dive: Why is everyone talking about GameStop? And who is Roaring Kitty?

FOX Business’ The Big Money Show co-anchor Taylor Riggs fills you in on how a brick-and-mortar videogame company became a national phenomenon and how Keith Gill (known online as “Roaring Kitty”) found himself the leader of an online movement that brought GameStop stock to record highs.

Later, Bankrate principal writer James Royal, Ph.D., weighs in on the risky nature of investing in GameStop and the volatile results when combining stock trading and social media.

Photo Credit: AP