Krispy Kreme, GoPro, and Beyond Meat see stock surges amid new meme stock trend, driven by social media hype.

Krispy Kreme, GoPro, and Beyond Meat are experiencing significant stock surges as part of the latest meme stock trend. These companies, facing financial struggles, have seen their stocks rise due to social media hype rather than their financial performance. Investors, particularly retail traders, are betting on these stocks in hopes of quick gains, creating short squeezes and driving up prices. The trend echoes past meme stock phenomena with companies like GameStop and BlackBerry.