Meme Stock Euphoria, Thermo Fisher Jumps, Chipotle Cuts Outlook
On this edition of Stock Movers: - Meme stock mania is spreading to a growing number of speculative stocks, underscoring the appetite among retail traders for riskier bets even with the market at all-time highs. Chatter across social media platforms first fixed on Opendoor Technologies Inc. (OPEN) but has since expanded to other heavily discounted names like Kohl’s Corp. (KSS), GoPro Inc. (GPRO) and Krispy Kreme Inc. (DNUT), sending them all flying to eye-popping rallies. While the number of stocks being drawn into the frenzy is growing, the rallies have been volatile and often short…
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