Meme stocks are gaining traction as retail investors focus on heavily shorted companies like Kohl’s and Opendoor. Kohl’s shares surged 37% recently, while Opendoor’s price rose 440% in July. Other notable stocks include Krispy Kreme and GoPro, both experiencing significant price increases. Investors aim for short squeezes, reminiscent of the 2021 meme stock frenzy.
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