RFK Jr. Invests $24,000 in GameStop, Courting Meme Stock Investors

Independent presidential candidate Robert F. Kennedy Jr. wants to win over all the anti-establishment voters.

In a bid to demonstrate his support for retail investors whom he referred to as the “Ape retail rebellion,” in their battle against large institutional funds, Kennedy Jr. announced on Tuesday that he had invested $24,000 in the meme stock GameStop (NYSE: GME).

The announcement comes amid a revival of the meme stock phenomenon, which first gained attention in 2021 when retail investors, dubbing themselves “apes,” helped trigger massive rallies in the shares of struggling companies like GameStop and AMC (NYSE: AMC). The recent resurgence was sparked by the reappearance of “Roaring Kitty,” the influential figure behind the original GameStop frenzy.

Kennedy Jr.’s campaign, which has been actively targeting undecided voters with a fringe political brand, sees the meme stock movement as a potential source of support. Last month, Kennedy Jr. vowed to put the “entire US budget on blockchain.

He isn’t the only one. President Trump’s campaign announced that it would begin accepting cryptocurrency donations. The Trump campaign characterized the decision as a reflection of the president’s commitment to “freedom over socialistic government control.”


Information for this story was found via the sources and companies mentioned. The author has no securities or affiliations related to the organizations discussed. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

This Gold Story Starts With Cash Flow | Gordon Robb – ESGold

Silverco Cusi Mine PEA: Bigger Isn’t Always Better

Fixing Heart Disease Tied to Sudden Death in Young People | David Elsley – Cardiol Therapeutics

Recommended

Total Metals Secures High Grade Critical Minerals Property In Northwestern Ontario

Discovery at Luis Hill Prompts Acceleration of Phase 2 Program for Questcorp

Related News

GameStop Raises Gross Proceeds Of $1.13 Billion From ATM Financing

Sometimes volatility is a good thing. If you’re GameStop Corp (NYSE: GME), evidently it’s a...

Tuesday, June 22, 2021, 07:33:14 AM

GameStop Appoints Belk CEO Nir Patel As COO

Seven months since the company terminated its COO, GameStop Corp (NYSE: GME) announced today that it...

Monday, May 16, 2022, 10:07:00 AM

GameStop Shares Rise After CEO’s Departure Confirmed

GameStop (NYSE: GME) shares rose by more than 6% on Monday, after the video game...

Monday, April 19, 2021, 05:35:00 PM

‘My intention is to spoil it for both of them’: RFK, Jr. Announces Independent 2024 Run

Environmental lawyer and presidential candidate Robert F. Kennedy Jr. formally announced his candidacy for the...

Tuesday, October 10, 2023, 02:20:00 PM

There’s A $600K Bid For A Vaccine Expert To Debate A US Presidential Candidate On Joe Rogan’s Podcast

In a recent Twitter exchange, Dr. Peter Hotez, a renowned vaccine expert, engaged in a...

Tuesday, June 20, 2023, 07:32:00 AM