Kohl's, Meme and stock
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Memesters took the likes of Kohl’s and Krispy Kreme on a wild ride.
By now most people, even those vaguely tuned into finances, have heard the phrase "meme stock." But if you're just catching up, here are some basics.
Here are some of the major companies whose stocks moved on the week’s news.
Shares in Krispy Kreme donuts, camera maker GoPro, and retailer Kohl's have risen dramatically this week, driven by online hype.
An American Eagle ad campaign featuring Sydney Sweeney caught the attention of retail traders on Thursday, causing the stock to spike.
Meme-stock mania might be back, but old heads may have noticed that the moves this time around are lacking a certain explosiveness.