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Meme stock mania returns as Krispy Kreme and GoPro shares soar
Shares in doughnut chain Krispy Kreme and camera maker GoPro leapt on Wednesday, as retail traders piled into previously unloved stocks in the latest flare-up of the meme stock frenzy. GoPro climbed nearly 50 per cent in early trading while Krispy Kreme was 12 per cent higher.
The GME stock slumps 10% in 3 months as core sales sink despite cost cuts, collectibles gains and strong cash reserves.
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Traders are targeting heavily shorted stocks, echoing the 2021 GameStop strategyRetail bros charged into U.S. markets at Wednesday’s Open, lifting GoPro nearly 50% and pushing Krispy Kreme up 12%, after ...
GameStop shares rose Monday afternoon amid heightened volatility despite no clear news or catalysts, according to Benzinga.
TheStreet. GameStop has been a dying business for more than a decade. Once it became viable to download video games directly ...
Get the latest financial insights and updates on Wall Street Breakfast, with market analysis, earnings previews, trade deals, ...
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Kohl’s was still up 38% in single-day trading not driven by underlying fundamentals. In fact, it fired its third CEO in three years just two months ago.
Opendoor Technologies is emerging as the market’s latest so-called meme stock, a term used to describe GameStop and AMC ...
Barclays Plc says that it’s about time to pump the brakes on a meme stock craze that’s driven sharp rallies in companies like ...
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