
Meme stock mania is back somewhat, and retail traders are targeting a new group of shares. Speculation resurfaced and exploded on Wall Street this week as day traders on Reddit’s WallStreetBets forum touted “you-only-live-once” risky trades and piled into beaten-down stocks. It’s no longer GameStop or AMC that retail traders are flocking to these days. […]
Read MoreKey Points Retail traders have targeted GoPro and Krispy Kreme on Wednesday, pushing shares up 63% and 33%, respectively, in premarket trading. The two stocks are heavily cited on WallStreetBets, the online forum behind the infamous GameStop mania in 2021. The cohort seemed to have already ditched their old love OpenDoor, whose shares fell another […]
Read MoreCheck out the companies making headlines before the opening bell. Hilton Worldwide — The hotel stock slipped nearly 2% despite Hilton posting a second-quarter earnings and revenue beat. Hilton reported adjusted earnings of $2.20 per share on revenue of $3.14 billion, while analysts polled by LSEG had expected earnings of $2.04 and $3.10 billion in […]
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