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Krispy Kreme’s meme-stock ride is over. stock is tumbling

Krispy Kreme’s meme-stock ride is over. The stock is tumbling as losses widen.
Shares of Krispy Kreme Inc., which recently got caught up in a meme-stock wave, were tumbling Thursday, after the doughnut maker swung to a wider-than-expected loss in the latest quarter. The company’s stock dropped 11.
Krispy Kreme falls sharply as meme buzz does not hold up to earnings scrutiny
Krispy Kreme (DNUT) faces revenue decline, profitability challenges, and share volatility. Discover insights on its turnaround strategy and consumer trends.
Meme Stock Rally Builds as Krispy Kreme, GoPro Join the Fray
Krispy Kreme and action camera company GoPro have joined the meme stock rally as their shares surge. Like the shares of Opendoor and Kohl’s, both Krispy Kreme and GoPro were heavily cited by users of the wallstreetbets subreddit. The meme stock rally is back and gathering steam.
Why Krispy Kreme Stock Is Plummeting Today
There isn't any business-specific news driving Krispy Kreme's valuation lower today, but the pullback comes on the heels of big valuation gains that were also disconnected from the company's fundamentals and outlook. Krispy Kreme gained attention as a meme stock trade earlier this month, but that momentum has been fading in recent trading.
Krispy Kreme: Meme Fever Gave You Gains, Now Take Them
Krispy Kreme's stock surged to turnaround-level valuations before any real operational improvement or Q2 results. Click here to find out why DNUT is a Sell.
Krispy Kreme, GoPro and Beyond Meat surge as the latest meme stock revival rolls on
The latest so-called meme stocks include doughnut maker Krispy Kreme, camera maker GoPro and plant-based meat maker Beyond Meat. Each company is surging Wednesday. The gains follow sharp jumps recently for department store Kohl’s and the online-based real estate company Opendoor Technologies.
Meme stock Krispy Kreme will give away free doughnuts just for wearing this popular shoe—here’s when and why
The Krispy Kreme x Crocs Classic Clogs collaboration will be available for purchase on August 5, with the footwear coming in a specially branded Krispy Kreme doughnut box. The sho
With Hectic Trading in Krispy Kreme and OpenDoor, Stocks Head for a Meme Reversion
This is an online version of Spencer's Markets A.M. newsletter. Get investing insights in your inbox each weekday by signing up here—it’s free. 📧 Dorks are hot stuff on Wall Street. No, not socially
Why Investors Trashed Krispy Kreme Stock Today
Krispy Kreme hopes to right the ship with that turnaround plan, which it sketched out within the earnings release. The company said this effort would focus on fou
Krispy Kreme's financial woes continue with massive second-quarter loss
The latest reassessment of Krispy Kreme Inc.’s financial operations has led the company to take a massive goodwill write-down that produced a $435.3 million loss for the second quarter. The company disclosed Thursday taking a non-cash goodwill impairment of $355.
TikToker Behind Viral ‘Was It Crispy’ Meme Accuses Krispy Kreme, Maxibon of Featuring Her in Ad Without Permission
Annie Korzen claims she was not “credited” or “paid” for a clip Maxibon posted that included her viral 2021 video ...
Stocktwits on MSN5d
Krispy Kreme’s Meme Stock Rally Deflates As Stock Sinks Over 20% In A Week Amid Souring Retail Mood
Krispy Kreme shares fell 22% last week, giving up nearly all of the “meme stock” buzz-driven gains in the week prior. On ...
Winston-Salem Journal15d
Krispy Kreme enters meme stock zone with social media, financials competing for influence
A meme stock's viral popularity tends to spawn unexpected trading volumes and abrupt share price spikes and plunges, often in the same day, particularly when it conflicts with the company's ...
MarketWatch17d
Krispy Kreme joins the new meme-stock party - MarketWatch
Krispy Kreme Inc. has joined Opendoor Technologies Inc. and Kohl’s Corp. in the latest meme-stock wave, as shares of the doughnut maker are skyrocketing amid a wild week for those names.