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RFK Jr. says he invested $24K in GameStop after meme stock rally: ‘Apes together strong’

RFK Jr. says he invested $24K in GameStop after meme stock rally: ‘Apes together strong’

NY Post
Wednesday, May 22, 2024 04:49:43 PM UTC

Presidential candidate Robert F. Kennedy Jr. said he has purchased $24,000 in GameStop shares in a bid to secure support from the retail trading movement that sparked yet another meme stock rally earlier this month.

Kennedy, who is running as an independent in the 2024 race, expressed solidarity with retail stock traders – who refer to themselves in internet forums as “Apes” – in an X post on Tuesday announcing the investment.

“I’m very aware of what the average retail investor has been saying about the need for greater transparency in our markets, stronger regulatory oversight and tougher penalties for market manipulation and criminal behavior,” Kennedy said in the post.

“My administration will support the Ape retail rebellion and enact aggressive Wall Street reforms,” Kennedy added.

The X post also included a pledge to “punish predatory short selling to the moon,” as well as a meme that showed Kennedy holding an eagle with the caption “Apes Together Strong.”

GameStop shares were down about 1% in premarket trading Wednesday. Shares of AMC, another popular meme stock, were flat.

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