GoPro, Krispy Kreme and other meme stocks fall after retail trader-infused run

Opendoor Technologies

24/07/2025 10:27

** Some meme stocks fall premarket after a retail trader-driven frenzy in the last session

** Krispy Kreme DNUT.O falls 5.3% to $4.1; stock had surged as much as 38% intraday on Wednesday, closing about 4% higher

** Mom-and-pop traders bought $3.9 mln worth of DNUT shares on Wednesday; highest since May 2024, according to Vanda Research data

** Action camera maker GoPro GRPO.O down 3.3% after spiking more than 12% in the last session

** Retail buying for GRPO shares was the highest on Wednesday since March 2021

** U.S. department store company Kohl's KSS.N, which jumped on a retail trader-driven move earlier this week, down 0.2%

** Residential real estate platform Opendoor Technologies OPEN.O rises 7%

** OPEN has seen heavy retail interest following bullish posts from Canadian hedge fund manager Eric Jackson on X.com last week

** Plant-based meat company Beyond Meat BYND.O down 0.2%

** Some stocks were trending on retail investor-focused social media platform Stocktwits and Reddit RDDT.N on Wednesday

** Most stocks also have relatively high short interest, according to LSEG data

 (Reporting by Shashwat Chauhan in Bengaluru)

 ((Shashwat.Chauhan@thomsonreuters.com))