The sudden re-emergence of Keith Gill, better known as the investor Roaring Kitty, isn’t doing much for so-called meme stocks early Thursday.Shares in Videogames retailer GameStop had jumped as much as 6% in intraday trading Wednesday eventually receding to close up 1.

Keith Gill is back, buying more stock in GameStop and building a stake in Chewy. But not everyone seems happy to see the share price influencer and disruptor return.

Investors in GameStop have for now withdrawn their lawsuit accusing Keith Gill, who is known as "Roaring Kitty" and helped spur the meme stock mania of 2021, of defrauding them through a "pump-and-dump" scheme for the videogame retailer.

Former bond king Bill Gross said in a post on X Wednesday that electric-vehicle maker Tesla is behaving like a meme stock after shares rose for 10 straight trading days.Bill Gross, the co-founder of the Pacific Investment Management Co.

A class-action lawsuit against online investor Keith Gill, popularly known as “Roaring Kitty,” was dropped barely three days after it was filed. The lawsuit filed by GameStop shareholder Martin Radev last Friday accused Gill of securities fraud and running a “pump-and-dump” scheme for the GameStop stock.