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

Eldorado Gold: The $3.8 Billion Foran Mining Acquisition

Silver Tiger’s $2.35B Silver Blueprint: Two Mines, One Perfect Metals Market

Gold Is At Records. Barrick Mining Is Printing Cash. The Stock Still Fell. | Q4 Earnings

Recommended

Canadian Copper Plans 2,500 Metre Drill Program For 2026

Mercado Receives Permits For Planned 3,000 Metre Drill Program At Copalito

Related News

Gamestop: Squeeze Play On GME or Hedge Fund Kayfabe?

The Alice Cooper Chicken Incident In 1971, Alice Cooper was a touring musician with a...

Thursday, January 28, 2021, 10:03:35 AM

This Is Not Good News -GameStop’s CFO Is Abruptly Fired Without Cause

On July 7, GameStop Corp. (NYSE: GME) announced the firing of CFO Mike Recupero, with...

Saturday, July 9, 2022, 09:00:00 AM

Roaring Kitty Makes a Comeback — But Did He Really?

Keith Gill, known as Roaring Kitty, made a surprise return to social media on Monday,...

Tuesday, May 14, 2024, 08:09:36 AM

GameStop Reports Disappointing January 2022 Quarterly Earnings – and Rallies

GameStop Corp. (NYSE: GME) stock remains one of the most difficult-to-understand trading vehicles in the...

Monday, March 21, 2022, 04:40:00 PM

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