GoPro and Krispy Kreme Surge as Meme Stock Frenzy Returns
GoPro and Krispy Kreme shares soared as retail traders reignited the meme stock frenzy. Driven by chatter on Reddit’s WallStreetBets, both of the heavily shorted and low-priced stocks saw massive gains. The rally comes amid record market highs and echoes the speculative surge of 2021.