Meme stocks pare gains as highly shorted Krispy Kreme, GoPro join the frenzy

Highly shorted Krispy Kreme, GoPro jump as meme stock rally continues

Investor enthusiasm faded for the latest meme stocks on Wednesday, with shares in heavily shorted Krispy Kreme and GoPro closing well below their session highs, while Tuesday’s investor darling – department store Kohl’s – finished sharply lower.

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