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The Daily Dot · 11d
“Dust off that meme stock watchlist”: Is Krispy Kreme about to get the meme stock treatment?
Meme stocks may be back on day traders’ radars after donut chain Krispy Kreme (DNUT) soared earlier this week. However, some buyers remain unconvinced. Day traders on Reddit began encouraging each other to purchase “meme stocks” in 2020. These meme stocks mostly consisted of chains like AMC and Bed, Bath & Beyond.
There isn't any business-specific news driving Krispy Kreme's valuation lower today, but the pullback comes on the heels of ...
Krispy Kreme, Opendoor, Rocket and Kohl’s are merely the public face of a summer boom in bets by private traders.
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