Unity Software Stock Surges Following 'Roaring Kitty' Social Media Post
Key Highlights:
Unity Software shares rose 7% on Thursday after a social media post by "Roaring Kitty" (Keith Gill) featured a clip referencing Rick James' song "Unity."
No recent filings suggest Gill has purchased Unity Software shares.
Gill gained fame during the 2020-2021 meme stock craze and has previously influenced the stock prices of GameStop, Chewy, and Petco.
Unity Software (U) saw its stock climb 7% on Thursday, seemingly sparked by a cryptic post from meme stock influencer "Roaring Kitty" (Keith Gill). The post featured a nod to Rick James' song "Unity," creating buzz among retail investors.
While there’s no evidence Gill holds Unity shares, his past posts have significantly impacted stock prices. Last year, Gill's posts fueled rallies for GameStop, Chewy, and Petco before SEC filings confirmed his positions in some of these stocks.
Despite this recent surge, Unity Software’s stock remains down nearly 40% over the past year, reflecting broader challenges for the company.
Key Highlights:
Unity Software shares rose 7% on Thursday after a social media post by "Roaring Kitty" (Keith Gill) featured a clip referencing Rick James' song "Unity."
No recent filings suggest Gill has purchased Unity Software shares.
Gill gained fame during the 2020-2021 meme stock craze and has previously influenced the stock prices of GameStop, Chewy, and Petco.
Unity Software (U) saw its stock climb 7% on Thursday, seemingly sparked by a cryptic post from meme stock influencer "Roaring Kitty" (Keith Gill). The post featured a nod to Rick James' song "Unity," creating buzz among retail investors.
While there’s no evidence Gill holds Unity shares, his past posts have significantly impacted stock prices. Last year, Gill's posts fueled rallies for GameStop, Chewy, and Petco before SEC filings confirmed his positions in some of these stocks.
Despite this recent surge, Unity Software’s stock remains down nearly 40% over the past year, reflecting broader challenges for the company.