Meme Stock Rally: Kohl’s, Opendoor, Krispy Kreme, and GoPro Surge
The recent meme stock frenzy has propelled Kohl’s, Opendoor Technologies, Krispy Kreme, and GoPro into the spotlight with significant stock price movements. Retail investors, driven by social media forums like Reddit's WallStreetBets, are fueling the trading mania. While Kohl's stock surged 105%, Opendoor jumped 7.4%, Krispy Kreme dropped 5.6%, and GoPro slid 4.6%. These stocks, along with American Eagle Outfitters, are among the most discussed on WallStreetBets, showcasing detached movements from underlying fundamentals.