GoPro, Krispy Kreme join the meme party as Wall Street speculation ramps up

GoPro, Krispy Kreme join the meme party as Wall Street speculation ramps up


Key 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 9% following a wild speculative run.



Source

Jim Cramer is betting big on a financial stock that is seeking ‘global domination’
Finance

Jim Cramer is betting big on a financial stock that is seeking ‘global domination’

Capital One stock hit a new record high on Wednesday, and Jim Cramer believes it’s not done running yet. Shares of the credit card issuer rose as much as 6.9% Wednesday morning despite a noisy quarterly earnings report Tuesday evening. While shares came off their highs of the session, Capital One’s earnings report nevertheless validated […]

Read More
Meme screen: Heavily shorted small stocks that are starting to rip this week
Finance

Meme screen: Heavily shorted small stocks that are starting to rip this week

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 More
Stocks making the biggest moves premarket: Hasbro, Texas Instruments, Hilton, AT&T and more
Finance

Stocks making the biggest moves premarket: Hasbro, Texas Instruments, Hilton, AT&T and more

Check 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 […]

Read More