Strength in Krispy Kreme (DNUT) shares is being attributed to the stock becoming the focus of “meme” traders, or amateur traders that pile into heavily shorted companies with low share prices. Stocks previously identified as “meme stocks” include GameStop (GME) and AMC Entertainment (AMC). In Wednesday pre-market trading, Krispy Kreme shares are up 87c, or 23%, to $4.58.
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