Meme stocks are back. Jolted by a sudden surge in Opendoor stock last week, a handful of other shares have ripped higher on interest from retail traders.

Key Points GoPro is rocketing higher today thanks to its newly attained status as a hot meme stock. While the company's valuation has soared, the fundamentals of the business haven't changed. GoPro stock could see more bullish meme-driven momentum,

Amidst tariff concerns and market volatility, there has been a rise in meme stocks, sparked by two stocks in the past week. A meme stock gains popularity and a high trading volume, driven by strong social media interest.

The meme stock rally is back and gathering steam with shares of two struggling companies – Krispy Kreme (DNUT) and action camera company GoPro (GPRO) – joining the fray. What’s led to the resurgence of meme stocks and is it a repeat of the 2021 frenzy?

Bloomberg journalists discuss today's biggest winners and losers in the stock market. Listen for analysis on the companies making news on Wall Street.

What Happened? Shares of action camera company GoPro (NASDAQ:GPRO) jumped 13.1% in the afternoon session as the stock continued a recent positive trend. The action camera maker's stock was on an upswing,