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X @Forbes
Forbes· 2025-07-23 20:33
Meme Stock Craze Returns: These Struggling Companies Are Soaring Thanks To Retail Traders https://t.co/l97TEA44D0 https://t.co/l97TEA44D0 ...
Why GoPro Stock Is Skyrocketing Today
The Motley Fool· 2025-07-23 19:37
Core Viewpoint - GoPro's stock has experienced significant gains recently, primarily driven by meme-stock trading rather than specific business developments [1][3]. Stock Performance - GoPro's share price increased by 23% during trading, with a peak increase of 73% earlier in the session [1]. - Over the past year, GoPro's stock is up approximately 4%, but it has declined by about 68% over the last five years [3]. Market Dynamics - The recent surge in GoPro's stock price is attributed to its identification as a favored meme-stock, leading to increased buying activity among investors [3]. - Speculative stocks, including GoPro, have gained popularity amid expectations of falling interest rates and potential multiple rate cuts by the Federal Reserve [4]. Business Challenges - Despite the stock rally, GoPro's core business continues to face challenges, including commodification pressures in the camera market [3][5]. - There is a risk that GoPro's share price may decline once the momentum from meme trading subsides [5]. Future Considerations - The company may leverage its elevated stock price to issue new shares, potentially capitalizing on the recent valuation surge [5].
Meme Stock Fever Heating Up
Bloomberg Television· 2025-07-23 19:31
What is the common denominator to the meme stock frenzy that we're seeing right now. Well, it's that they're all terrible businesses that aren't trading on fundamentals and are all across Wallstreetbets forums, across Reddit that people are talking about. And it's an effort to get rich quick to capitalize on these really big swings in these companies.This is starting to second day today with all of these companies that you mentioned, GoPro, Krispy Kreme, Wendy's. Amateur traders piling in once again. This c ...
X @Forbes
Forbes· 2025-07-23 19:20
Here’s What’s Driving The Latest Meme Stock Frenzy—Kohl’s, Krispy Kreme And Morehttps://t.co/nFFi2WLfg8 https://t.co/Bbz9Sc3ZYD ...
Meme Stock Mania Is Back Like It's 2021
Bloomberg Television· 2025-07-23 18:42
Meme Stock Mania - The resurgence of meme stock trading resembles the 2021 phenomenon, with amateur traders targeting heavily shorted companies with low prices [1] - Unlike 2021, current household finances are not supported by stimulus checks, and interest rates are elevated [3] - The market exhibits broad euphoria, with the S&P 500 at an all-time high and Bitcoin having doubled in less than a year [3] Targeted Companies - New meme stock targets include companies like Kohl's, GoPro, Crispy Cream, and Wendy's, which are often facing financial difficulties and short selling pressure [2] - These companies are experiencing increased attention and buying activity driven by chatter on Reddit forums like Wall Street Bets [2] Market Risks - Elevated interest rates and uncertainty surrounding tariffs pose risks to the economy [4] - Experts express concern about irrational exuberance potentially creating a market bubble [4]
X @Forbes
Forbes· 2025-07-23 18:40
Kohl’s Stock Up 33%. Locafy LCFY May Be Next Meme Stock https://t.co/RGZ2k72wsO ...
Why Opendoor Technologies Stock Is Plummeting Today
The Motley Fool· 2025-07-23 17:48
Shares of the online residential real estate company dropped today despite no company-specific news.Opendoor Technologies (OPEN -19.79%) stock is getting hit with a big pullback. The company's share price was down 20.1% as of 1:15 p.m. ET. At the same point in the day's trading, the S&P 500 index was up 0.4%, and the Nasdaq Composite index was up 0.1%.Opendoor Technologies has recently gained favor as a meme stock and seen incredible valuation gains, but the company's share price is pulling back today as in ...
What's Behind Opendoor Technologies' Rally? Is Meme Mania Back?
MarketBeat· 2025-07-23 16:20
The term "meme mania" emerged when companies with no apparent reason to rally began to reach stratospheric valuations, making millionaires overnight with no connection to their fundamentals. Four years later, this meme stock sentiment is starting to resurface. However, there is one main difference in the stocks that were targeted by retail traders to run up in late July 2025. Opendoor Technologies Today OPEN Opendoor Technologies $2.28 -0.61 (-21.01%) 52-Week Range $0.51 ▼ $4.97 Price Target $1.55 The real ...
X @Forbes
Forbes· 2025-07-23 13:45
Kohl’s Stock Up 33%. Locafy LCFY May Be Next Meme Stockhttps://t.co/HX0NtJ9g0k https://t.co/xzmvBE3k9R ...
Short Squeezes Return: Meme Stock Screeners Target GoPro, Krispy Kreme—Who's on Deck Next?
FX Empire· 2025-07-23 13:32
Core Viewpoint - The content emphasizes the importance of conducting personal due diligence and consulting competent advisors before making any financial decisions, particularly in the context of investments and trading [1]. Group 1 - The website provides general news, personal analysis, and third-party content intended for educational and research purposes [1]. - It explicitly states that the information does not constitute any recommendation or advice for investment actions [1]. - Users are advised to perform their own research and consider their financial situation before making decisions [1]. Group 2 - The website includes information about complex financial instruments such as cryptocurrencies and contracts for difference (CFDs), which carry a high risk of losing money [1]. - It encourages users to understand how these instruments work and the associated risks before investing [1].