Krispy Kreme, GoPro both soar as the next darlings of this summer's meme stock resurgence https://finance.yahoo.com/news/kris...-summers-meme-stock-resurgence-125133460.html GoPro (GPRO) and Krispy Kreme (DNUT) 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 just above 10% in mid-afternoon trading, and Krispy Kreme stock rose as much as 70% before the open before pulling back to a gain of just over 4.5%. The sub-billion-dollar companies have become the latest names after Opendoor (OPEN) and Kohl's (KSS) starred earlier this week in a meme stock rally that has dominated the market conversation. Onetime hardware and media tech breakout GoPro saw its stock trade as high as $98.47 in the months after its mid-2014 IPO, but 10 years later, the stock has lost roughly 98% of its value. Shares closed on Monday at $1.37. GoPro's revenue has taken heavy hits over the past few quarters, down to $134.3 million in the first quarter of 2025, a roughly 13% decline from $155.5 million recorded in the same quarter last year. Revenue in its fourth quarter, traditionally a holiday shopping boon for the retailer, was down to $200.8 million in 2024 from $295.4 million in the year prior. Doughnut maker Krispy Kreme hasn't faced the same precipitous drop-off in its share price, with the stock now trading under $5 after hitting an all-time high of $21.69 in the pandemic. Like GoPro, Krispy Kreme saw its Q1 revenue drop by 15% year over year to $375.2 million in 2025 from $442.7 million in Q1 2024. GoPro and Krispy Kreme are both set to report earnings in August. As retail investors reignite the frenzied small-cap trading patterns of the 2020 and 2021 GameStop (GME) rally, the share prices for both stocks are soaring. Still, GoPro and Krispy Kreme haven't quite hit the crazed levels of Opendoor and Kohl's, both of which saw shares more than double on Monday and Tuesday, respectively. While traders appear to be targeting heavily shorted companies in this latest bout of meme sock trading, GoPro doesn't quite appear to fit the bill, with a little less than 10% of its outstanding shares available to be sold short. This compares to short floats of around 28% for Krispy Kreme, 21% for Opendoor, and a whopping 49% for Kohl's. Shares of Opendoor and Kohl's were both down more than 15% in trading on Wednesday.
When we see this happening a top is very close by https://www.elitetrader.com/et/threads/meme-stocks-are-acting-stupid-again-wonder-whats-next.385689/
Yea these are not memes..there is nothing meme about them. In fact, using the term meme here implies a developmentally disabled disposition...moving USA forward toward a strickly retarded mass population. These are sht stocks being squeezed. Shit stocks have been getting squeezed..going all the way back to ecommerce putting brick and mortar outta business..and have extended to other zombie business models relying on zero interest rates. Using the term meme stock here invites the low iq into buying these and holding them as darling stocks...when in fact, the stocks will get dumped just as quickly as they were squeezed..offering an even better short opportunity. Its basically the retard free money arch. Retards be chasing free monies
and its a kids dynamic. Shorting all the "boomer" companies..going back to AMC and Blackberry, GoPro, Nokia, Bed Bath and Beyond(they despise boomers). Its a basement gamer investment strategy. The real meme stocks were always Tesla (whom they already look upon as a boomer stock) and Nvidia. Gamestop, they actually tried to help thru higher share prices (but even that couldnt help such a broken company). True Meme stocks have a very short list..SOUN, META, HIMS.. The rest..its penny stock trading..which is giving wall street a very very bad look. These current "meme darlings" should have been de-listed a long long time ago (they all we around .50 cents just a few months ago). And the fact that they havent been shows the decay and dysfunction of current wall street integrity.
Now a penny meme stock... This Five-Cent Meme Stock Just Made Up 15% of US Trading Volume https://finance.yahoo.com/news/five-cent-meme-stock-just-212134766.html (Bloomberg) — Shares of tiny Healthcare Triangle Inc. stood out as the most actively-traded name on US exchanges on Thursday, another example of how investor exuberance is fueling wild gyrations throughout the equity market. The little-known healthcare information technology company saw its stock price more than double to just above five cents, with over 3 billion shares changing hands. That was equivalent to about 15% of the total shares traded on US exchanges for the day, data compiled by Bloomberg show. After surging 138% at the open, Healthcare Triangle’s shares closed up 115%, with no apparent news to spark the eye-popping move. The company did not immediately respond to a request for comment. The total value of shares traded for the day stood at approximately $150 million, nearly seven times the company’s market capitalization. The surge was among the latest manifestations of the meme stock mania that has sparked rallies in speculative names, with Kohl’s Corp., GoProInc. and Krispy Kreme Inc. among the list of companies whose shares have seen big moves. Shares of Opendoor Technologies, which shot higher on Monday, were also notable for massive trading volumes. While the number of stocks being drawn into the frenzy is growing, the rallies have been volatile and often short lived, raising questions about whether the companies will be able to take advantage of their elevated share prices to raise fresh capital, the way that AMC Entertainment Holdings Inc. and GameStop Corp. did during the original meme stock craze of 2021.