Meme stocks mixed a day after retail trader-infused run

Opendoor Technologies

24/07/2025 15:08

Updates

** Shares of meme stocks are mixed after a retail trader-driven frenzy in the last session

** Residential real estate platform Opendoor Technologies OPEN.O jumps 14.5% to $2.6

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

** Krispy Kreme DNUT.O up 2.8%; 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 6.5% 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, last up 1.7%

** Plant-based meat company Beyond Meat BYND.O down 3.8%, online gifts retailer 1-800-Flowers.com FLWS.O off 3.2%

** 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))