Happy Monday Zingernation! Sometimes a meme will get you in trouble with your boss. Sometimes a meme can make you the king of a group chat for a brief moment. And sometimes a meme will add billions of dollars in valuation to a publicly-traded company.

–Aaron Bry and Nic Chahine

Today’s Price Action:

$SPY: +.01%
$QQQ: +.23%
$DIA: -.18%

Plus, looking for a way to play the emergence of VR and the metaverse? Check out today’s partner.

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TODAY’S MOST VOLATILE STOCKS

TODAY’S TOP STORY

Roaring Kitty Doubles Down, Posts New Videos On X, Sends GameStop's Stock Higher

Briefly: Keith Gill, also known as Roaring Kitty, sent the meme stock community into a frenzy Sunday night, posting for the first time in almost three years on X, formerly Twitter.

What Happened: The post, a simple meme of a gamer moving forward in his chair, was enough to send GameStop Corp's stock higher by more than 100% at one point Monday, adding billions of dollars in valuation to the video game company.

The Context: But Gill wasn't done after Sunday's post. On Monday, he continued to share more content on X, posting several videos each filled with pop-culture references. Highlights include a mashup of Thanos from The Avengers and Hugh Jackman's “X-Men,” Ferris Bueller and a cat, and clips from “Game of Thrones.”

The Impact: When Gill posted his first video Monday, GameStop's stock spiked another 5% to right around the $30 level. While the stock is still up more than 70% in Monday's session, it retreated from its Monday morning highs, falling around 20%.

Click here to read more.

PRESENTED BY CEEK VR

Five Reasons Why CEEK Could Be The Future Of Metaverse Entertainment

Despite its strengths, the entertainment industry grapples with numerous shortcomings that can hinder creativity and innovation. These obstacles arise from the industry's centralized framework and relatively slow integration of digital technologies, preventing users from relishing the top-notch experiences they sincerely desire.

However, the emergence of blockchain and VR technology, when entwined, creates new and exciting possibilities for creators and users alike. At this new frontier of innovation is CEEK, a decentralized entertainment metaverse looking to revolutionize the industry and elevate it to unprecedented heights.

Here are the five primary reasons why CEEK believes it could be poised to become the vanguard of metaverse entertainment.

FIVE MOVERS

AMC shares skyrocketed today, closing up more than 70% piggy backing on GameStop’s move following Roaring Kitty’s social media posts.

Apple’s stock closed higher in today’s session amid rumors that the tech giant is close to signing a deal with OpenAI.

Tesla shares closed slightly higher today as investors and traders appeared ready to buy the dip on the leading EV company.

Alibaba’s stock closed up more than 5% in Monday’s session, with investors piling into the Chinese name ahead of the company’s earnings report.

Novo Nordisk shares moved higher today, closing up 3% after the pharma company reported some strong clinical data for one of its pipeline drugs.

ONE TRADE IDEA FOR TOMORROW

HSBC Sees Blue Skies For Airline Industry, Forecasts Strong Recovery And Consolidation

Briefly: HSBC analyst Achal Kumar initiated coverage on several airline stocks. The analyst writes that there is a continued recovery in corporate travel, stronger international demand, tighter capacity, and pandemic-driven behavioral changes in the industry.

Basically: The analyst says that the cost pressures may not fade in the near term but expects profitability to improve, a manageable capital expenditure cycle and the industry to see some consolidation.

So: The analyst initiated coverage on Delta Air Lines, Inc at a buy rating with a price target of $72.80. The analyst says that Delta Air Lines is their preferred stock, given its strong competitive positioning across all its key hubs and high penetration in premium traffic (which derives about 45% of revenue from premium cabins).

And Then: Also, Delta has the biggest loyalty membership base (around 120 million members), a balanced network, and a strong management team, writes the analyst.

Click here for the full analyst breakdown.

PRESENTED BY CEEK VR

Five Reasons Why CEEK Could Be The Future Of Metaverse Entertainment

Despite its strengths, the entertainment industry grapples with numerous shortcomings that can hinder creativity and innovation. These obstacles arise from the industry's centralized framework and relatively slow integration of digital technologies, preventing users from relishing the top-notch experiences they sincerely desire.

However, the emergence of blockchain and VR technology, when entwined, creates new and exciting possibilities for creators and users alike. At this new frontier of innovation is CEEK, a decentralized entertainment metaverse looking to revolutionize the industry and elevate it to unprecedented heights.

Here are the five primary reasons why CEEK believes it could be poised to become the vanguard of metaverse entertainment.