While Roaring Kitty has dissolved his holdings in Chewy, he continues to be a pivotal and influential figure within the meme stock market, maintaining a significant sway over the movement of shares in major U.S. corporations.
Roaring Kitty's Current Holding Status
Roaring Kitty, a key figure in the meme stock phenomenon, has made specific changes to his portfolio. It is confirmed that:
- Chewy Holdings Dissolved: Roaring Kitty has dissolved his holdings in the company Chewy.
However, his overall presence and influence in the market remain strong. The meme stock craze itself is noted to be "alive and well," with Roaring Kitty continuing to exert significant influence.
Understanding His Continued Influence
Despite dissolving his position in Chewy, Roaring Kitty is described as:
- A pivotal actor in the meme stock craze that began during the pandemic.
- He continues to hold a powerful sway over the movement of shares in major U.S. corporations.
This ongoing "powerful sway" implies his continued engagement and likely involvement, either through active trading or maintaining positions in other meme stocks, which allows him to influence market sentiment and share movements.
Summary of Holdings
| Asset/Category | Current Status |
|---|---|
| Chewy (CHWY) | Holdings dissolved |
| Other Meme Stocks | Implied continued engagement and sway, suggesting ongoing presence and potential holdings. |
The Broader Meme Stock Market
The overall context indicates that the meme stock market itself remains active and dynamic. Roaring Kitty's continued influence highlights that individual retail investors can still significantly impact stock movements, a characteristic feature of the meme stock phenomenon.
