Meme stocks like AMC and GameStop get their price spikes from strong buying interest. GameStop jumped Thursday morning after meme investor Keith Gill, a.k.a. "Roaring Kitty," posted the image of a gift on Twitter/X on Wednesday.

Bloomberg / Contributor / Getty Images Did Roaring Kitty give meme-stock traders a Christmas present? While that isn’t presently clear, GameStop (GME) fans are doing a little shopping of their own this morning. Shares of the retailer associated with ...

Given its past, GME is highly sensitive to speculation, especially as it's still heavily shorted. Short interest makes up 7.6% of the stock's available float, and would take shorts three days to cover, at the stock's average pace of trading.

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There's nothing too unusual about seeing a gift box emoji or graphic on social media around the holidays. Roaring Kitty's Christmas morning post, however, showing off a simple red, green, and gold-wrapped package,

A new Roaring Kitty’s post on X fueled GameStop stock price. It’s not the first time Keith Gill has boosted the sentiment over GME stock