Analyst blasts GameStop after meme stock surges on obscure Roaring Kitty post
While retail investors might base their trades on memes posted by Roaring Kitty, a leading Wall Street analyst is warning investors that the company’s plan to return to growth is hopeless. Michael Pachter of Wedbush, in a note to investors, harshly criticized the meme stock and its management, calling it overvalued and aimless.