Krispy Kreme Stock Spikes
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On the daily markets analysis on Open For Business, Andrea Heng and Hairianto Diman speak with Steve Sosnick, Chief Strategist, Interactive Brokers.
Amidst tariff concerns and market volatility, there has been a rise in meme stocks, sparked by two stocks in the past week. A meme stock gains popularity and a high trading volume, driven by strong social media interest.
WallStreetBets, the infamous subreddit credited with helping to spawn the meme-stock phenomenon, is giving its regular readers a taste of what it was like during the trend’s heyday in early 2021.
GoPro's (GPRO) recent surge appears driven by meme stock dynamics and retail enthusiasm. See why I'm not interested in joining the stock price buying frenzy.
The DORKs (DNUT, OPEN, RKLB, KSS) show how gamma squeezes can cause meme stocks to skyrocket, but also remind us of the risks involved. Play carefully.
The market saw a fresh meme stock frenzy this week. While high exuberance can be a contrarian sell signal, sources say the market is still in good shape.
Bloomberg journalists discuss today's biggest winners and losers in the stock market. Listen for analysis on the companies making news on Wall Street.
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