Krispy Kreme's pivot to disciplined profitability and capital-light global growth reveals a sustainable turnaround story beneath its recent meme stock rally.
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.
Krispy Kreme, Inc. (NASDAQ:DNUT) is one of America’s most iconic brands, with a history that traces the rise of a single doughnut shop into a global enterprise. The story of Krispy Kreme is not just about a beloved sweet treat—it’s a tale of American entrepreneurship, changing
The short-lived mania that swept up Krispy Kreme, Inc. (NASDAQ:DNUT) and GoPro, Inc. (NASDAQ:GPRO) as part of the broader meme stock phenomenon appears to have finally run its course. Once propelled by retail investors on social media platforms, both companies’ shares are settling back into more conventional trading
Shares of footwear company Crocs (NASDAQ:CROX)
jumped 3% in the morning session after the announcement of a new collaboration with Krispy Kreme (NASDAQ: DNUT) and a broader rally in the consumer retail sector.
Shares of doughnut chain Krispy Kreme (NASDAQ:DNUT)
jumped 11.2% in the afternoon session after it became the latest company swept up in a "meme stock" rally driven by retail investors on social media.
Shares of doughnut behemoth Krispy Kreme Inc. surged 38.49% in Wednesday pre-market trading. The surge in the company's stock price, despite no major news, points to a renewed wave of meme stock trading.
