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Roaring Kitty’s social post boosts a stock. But not GameStop.

Shares of Unity Software spiked double digits on the value investor turned memelord’s latest tweet.

Luke Kawa

Shares of gaming-development company Unity Software are soaring double digits in the wake of a New Year’s Day tweet from Keith Gill, aka Roaring Kitty.

It featured a GIF of comedian Dave Chappelle doing an impersonation of R&B star Rick James’ 1981 hit “Give It To Me Baby,” a song that, as many retail traders have noted, includes the line “Wait till I squeeze you.”

Given there really aren’t too many shorts to squeeze in the case of GameStop, that message wouldn’t seem to apply well to the brick-and-mortar retailer that Gill is most famous for investing in. Indeed, shares of GameStop were modestly lower as of 10:30 a.m. ET.

There was also a massive bid for Unity Software on December 5, the day Gill posted an image that could be interpreted as “Time You Cover.”

U is Unity Software’s ticker symbol.

“Time U Cover,” “Wait Till I Squeeze U”... well, you can see how the thesis has developed.

The company has a market cap of $10 billion, which looks a little rich if we’re thinking in terms of potential acquisition targets for GameStop CEO Ryan Cohen, whose turnaround plan and war chest are the alpha and omega of Gill’s bull thesis for the retailer.

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Figma rises on Citi’s Buy rating and $36 price target

Figma shares are rising moderately in pre-market trading after Citigroup initiated coverage with a Buy rating, saying demand tied to AI could help fuel the design software company’s next phase of growth, according to the note provided by Bloomberg.

Citi set a $36 price target on the stock and said Figma is well-positioned to offset AI disruption concerns through its own AI-driven consumption growth.

"Our proprietary customer and go-to-market (GTM) checks with hyperscalers and large financial services (FS) firms suggest strong seat upgrades & credit pack utilization, which offer positive reads on AI-monetization strategy," analyst Tyler Radke commented.

The company has been moving to roll out AI-native features in recent months, including developer-focused tools and in-house Figma agent aimed at making Figma a more central operating layer between product teams, engineers and AI systems.

Citi also pointed to upcoming product launches and potential monetization tied to Figma’s Model Context Protocol server which is an emerging framework that could allow AI systems to interact more directly with design environments.

Figma’s most recent earnings posted stronger-than-expected revenue growth while management raised its full-year guidance, saying that AI-related products were seeing encouraging adoption.

Still, the company that went public in 2025 has faced intense pressure with stock tumbling more than 50% this year-to-date over fears that automated AI code-generation tools and design alternatives from competitors like Anthropic might squeeze the need for seat-based design software.

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Lionsgate closes higher on Netflix acquisition rumor, streaming giant denies report

Shares for the film production company Lionsgate soared on Tuesday following rumors of a potential buyout.

According to a person familiar with the possible merger and acquisitions deal, streaming giant Netflix is one of the companies that may be interested in buying Lionsgate Studios, per reporting by Semafor. A Netflix spokesperson denied the rumor to Deadline.

Neither Lionsgate nor Netflix confirmed the news, but nevertheless the stock climbed, closing up 14%. The stock fell 4.6% in premarket trading after Netflix denied the rumor.

Netflix closed lower on news that Fox will acquire Roku in an approximately $22 billion deal after it was also rumored that the streaming company was interested in that acquisition. “Netflix did not make a bid for Roku,” a spokesperson told Semafor. This comes after Netflix withdrew its buyout bid for Warner Bros. Discovery earlier this year.

Lionsgate’s shares are up 77% since January. Lionsgate owns massive franchises like “John Wick” and “The Hunger Games.” The film company has a market cap of approximately $4.7 billion, making it roughly 5x smaller than Roku and 13x smaller than Warner Bros.

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