(Bloomberg) — It was once a symbol of rebellion against the well-heeled Wall Street establishment. Today, it’s just another day in markets. Most Read from Bloomberg This week proved the point. Opendoor surged 43% in a single day. Krispy Kreme rallied 39% in a matter of hours. GoPro briefly spiked 73%. Reddit message boards lit…
(Reuters) -Shares of retail favorites Opendoor Technologies (OPEN) and Kohl’s (KSS) resumed their rally on Thursday, fueled by continued meme stock euphoria and broader markets hitting record highs. Opendoor Technologies, an e-commerce platform for residential real estate, rose 19% to $2.73, adding to its more than 400% surge in July. Bullish posts last week on…
For retail investors, the summer of 2025 is quickly turning into the latest meme stock moment. Stocks like Opendoor (OPEN), Kohl’s (KSS), and Krispy Kreme (DNUT) have replaced yesterday’s meme darlings like GameStop (GME), AMC (AMC), and now-shuttered Bed, Bath & Beyond as the latest market curiosities, treating investors to wild price swings with little…
The DORKs are popular this week. With stocks at record highs, there’s a new class of meme stocks that’s grabbed the attention of retail traders. Absent are the OG meme names GameStop and AMC. Those early favorites have been replaced by another group. The DORKs—an acronym being thrown around by bullish traders to refer to…
Meme stocks are running wild again. Some of the latest highfliers — Krispy Kreme (DNUT), Opendoor (OPEN), and Kohl’s (KSS) — all have one key thing in common: They are heavily shorted stocks. This means investors have been betting the next price move for these names will be lower, and some strategists suggest that this…
GoPro (GPRO) and Krispy Kreme (DNUT) early Wednesday appeared set to be the latest stars of a meme stock resurgence that has swept markets this summer. GoPro stock gained as much as 90% in premarket trading on Wednesday before paring gains to around 40% through the first half hour of the trading day, and Krispy…
Krispy Kreme (DNUT) investors haven’t warmed to the company’s transformation strategy. Shares of the doughnut maker fell as much as 27% on Tuesday after the company missed Wall Street’s metrics across the board for both the fiscal fourth quarter and full-year results. Net revenue fell 10.4% in the quarter to $404 million, as the sale…