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USA Today
23-07-2025
- Business
- USA Today
Why Krispy Kreme, Kohl's and other 'meme stocks' are exploding
Oh boy. Here we go again. The year was 2021. And suddenly, there was a stock market explosion over... GameStop? And then some other stocks that got a boost thanks to some folks on Reddit and social media sites who helped some companies like AMC and Bed Bath and Beyond to get a boost on the market. Remember all that? Good. Let's fastforward to late July 2025. It's happening again. There's another bunch of so-called "meme stocks" that are getting a boost with trading on Wednesday thanks to hype on Reddit and beyond. Let's run through who they are as it looks like some of these could be GameStop 2.0: Krispy Kreme The donut maker saw its price skyrocket. GoPro Yeah, remember GoPro and how those digital cameras were everywhere a while back? The price just EXPLODED. Kohl's See above. Opendoor Two home goods businesses that got a boost. Is this due to Wallstreetbets on Reddit? Yep. And it seems like because of reports of the same thing that was happening with GameStop -- what's called a short squeeze -- the Reddit community jumped on the bandwagon with these stocks.
Yahoo
22-07-2025
- Business
- Yahoo
Why Opendoor Technologies Stock Is Plummeting Today
Key Points Opendoor has become the latest "meme stock," with its rally heavily influenced by retail investor enthusiasm. Despite the recent positive momentum in share price, the company faces substantial financial challenges, including a significant drop in revenue from its 2022 peak and a history of unprofitability. 10 stocks we like better than Opendoor Technologies › Shares of Opendoor Technologies (NASDAQ: OPEN) are falling on Tuesday, down 6% as of 3:03 p.m. ET and dipping as low as 16.8% earlier in the day. The drop comes as the S&P 500 (SNPINDEX: ^GSPC) and Nasdaq Composite (NASDAQINDEX: ^IXIC) were little changed. Opendoor's stock is retreating after its recent monster run. The stock appears to be the latest meme stock, and its ascent has been largely driven by a surge of retail investor activity. The latest meme stock Opendoor Technologies, a technology company that automates the buying and selling of real estate, has become the latest meme stock. Retail investors, especially those from Reddit's Wallstreetbets subreddit, have driven the stock up nearly 440% in the last month. The run started after hedge fund manager Eric Jackson of EMJ Capital publicly announced his firm had taken a position in Opendoor, touting it as a potential "100-bagger" stock. The timing comes at a critical time for Opendoor. The company's stock was trading under $1 and had received a delisting warning from Nasdaq -- companies that can't keep their stock price above $1 risk being kicked off the exchange. Risks remain for Opendoor Despite the enthusiasm, Opendoor has significant financial troubles. The company's top line has plummeted from its height in 2022. The company's current annual run rate is well under a third of its 2022 sales. Opendoor has also never turned a profit and has significant negative cash flow. There are some positive signs as of late, including a quarter-over-quarter uptick in its top and bottom lines from its Q4 2024 to Q1 2025, as well as positive movement in its earnings before taxes, interest, depreciation, and amortization (EBITDA). Its meme status is based on the belief that this momentum can continue, and the company can execute a turnaround. I'm not so sure, and I would avoid the stock, especially after this incredible run. Should you buy stock in Opendoor Technologies right now? Before you buy stock in Opendoor Technologies, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Opendoor Technologies wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $665,092!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,050,477!* Now, it's worth noting Stock Advisor's total average return is 1,055% — a market-crushing outperformance compared to 180% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of July 21, 2025 Johnny Rice has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Why Opendoor Technologies Stock Is Plummeting Today was originally published by The Motley Fool 登入存取你的投資組合
Yahoo
03-06-2025
- Business
- Yahoo
Social Buzz: Wallstreetbets Stocks Mixed Premarket Tuesday; Applied Digital to Advance, Advanced Micro Devices to Decline
The most-talked-about stocks in the Reddit subforum Wallstreetbets were mixed hours before Tuesday's Sign in to access your portfolio
Yahoo
21-05-2025
- Business
- Yahoo
Social Buzz: Wallstreetbets Stocks Mixed Premarket Wednesday; Wolfspeed to Decline, D-Wave Quantum to Advance
The most-talked-about stocks in the Reddit subforum Wallstreetbets were mixed hours ahead of Wednesd Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
