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Meme stocks pare gains as highly shorted Krispy Kreme, GoPro join the frenzy
Investor enthusiasm faded for the latest meme stocks on Wednesday, with shares in heavily shorted Krispy Kreme and GoPro closing well below their session highs, while Tuesday's investor darling - department store Kohl's - finished sharply lower.
The GME stock slumps 10% in 3 months as core sales sink despite cost cuts, collectibles gains and strong cash reserves.
By now most people, even those vaguely tuned into finances, have heard the phrase "meme stock." But if you're just catching ...
GameStop shares rose Monday afternoon amid heightened volatility despite no clear news or catalysts, according to Benzinga.
TheStreet. GameStop has been a dying business for more than a decade. Once it became viable to download video games directly ...
A meme stock is a stock that gains immense popularity, a high trading volume, and strong social media interest, driven by online communities. There’s no real connection with the company fundamentals ...
Opendoor Technologies' recent rally is driven by meme stock dynamics and short interest, not just fundamentals. Click here to ...
Retail investors have begun to pile into speculative bets on small-cap companies in a buildup that resembles the meme stock ...
Shares of GameStop Corp (NYSE:GME) are trading marginally lower Tuesday afternoon, pausing after a rally on Monday that was ...
Get the latest financial insights and updates on Wall Street Breakfast, with market analysis, earnings previews, trade deals, ...
GameStop stock plunged more than 40% to $193 a share on Thursday. The closing price on Wednesday was approximately $350 a share. Just a few weeks ago, GameStop was trading for less than $18.
Krispy Kreme (DNUT), Opendoor (OPEN), Rocket Mortgage (RKT) and Kohl’s (KSS) had become the meme stocks of the moment, along ...
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