Krispy Kreme, for example, rose as much as 39% when the market opened Wednesday, but closed just 4.6% higher. — Bloomberg
NEW YORK: Meme stock mania is spreading to a growing number of speculative stocks, underscoring the appetite among retail traders for riskier bets with the market at all-time highs.
Chatter across social media platforms first fixed on Opendoor Technologies Inc but has since expanded to other heavily discounted names like Kohl’s Corp, GoPro Inc and Krispy Kreme Inc, sending them all flying to eye-popping rallies.
