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.
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- 🍩⚡📈 Krispy Kreme Rockets +12% After FBI Director’s “Good Investment” Comment ~ ON Semi Also Gets a Lift 🍩⚡📈
🍩⚡📈 Krispy Kreme Rockets +12% After FBI Director’s “Good Investment” Comment ~ ON Semi Also Gets a Lift 🍩⚡📈
$ON Semiconductor(ON)$ $Opendoor Technologies Inc(OPEN)$ Strong capital flows don’t wait for earnings reports; they respond to credibility shocks. When FBI Director Kash Patel casually called Krispy Kreme ($DNUT) “a good investment” during testimony and disclosed buys in ON Semiconductor ($ON), the tape lit up. DNUT spiked nearly +12% intraday from $3.12 to $3.50 before cooling to $3.35, while ON reclaimed the $50 handle with momentum underneath. 🍩 Krispy Kreme Technicals On the 4H chart, DNUT broke out of a tight Keltner/Bollinger squeeze. • Resistance: $3.40–3.45 (55 EMA cluster), then $3.70–3.90 if momentum extends. • Support: $3.15–3.20 (prior base). Lose it and the $2.90–3.00 shelf reopens. I’m w
