Meme stocks pare gains with highly shorted Krispy Kreme, GoPro joining the frenzy

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

Some investor enthusiasm faded for the latest meme stock rally on Wednesday, with shares in heavily shorted Krispy Kreme and GoPro coming off earlier highs, a day after retail investors had piled into the shares of department store company Kohl’s.

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