Archive · 23 Jul 2025
Meme Stocks Rally: GoPro, Krispy Kreme, and Beyond Meat Rise
Some companies like GoPro and Krispy Kreme saw their stock prices go up quickly, like a roller coaster.
This happened because of people on social media talking about these stocks and others wanting to buy them.
It's similar to what happened during the pandemic when many people started trading stocks.
The price changes aren't always because the companies are doing better; sometimes, it's just because many people want to buy the stock at the same time.
People on the internet forums are trying to find the next popular stock.
GoPro, Krispy Kreme, and Beyond Meat saw stock price increases.
The rally is fueled by social media and retail momentum.
Krispy Kreme experienced a surge in call volume.
Reddit's WallStreetBets forum is influencing stock choices.
The 2021 pandemic lockdowns saw a similar meme stock rally.
- Who
- GoPro, Krispy Kreme, Beyond Meat, and day traders on Reddit.
- What
- Krispy Kreme, GoPro, and Beyond Meat experienced increases in stock prices, fueled by social media interest.
- When
- Early trading on Wednesday, July 23rd.
- Where
- The stock market.
- Why
- The price increases are driven by social media hype, short squeezes, and retail investor momentum.
Market Analysts
Retail Investors
Stock Valuation
Market Analysts
Focus on company fundamentals
Retail Investors
Emphasize retail momentum
- GoPro increase
- 39%
- Krispy Kreme increase
- 20%
- Beyond Meat increase
- 16%
- Opendoor decrease
- 12%
- Krispy Kreme call volume
- Over 100,000 contracts traded