Shares of GoPro (GPRO) and Krispy Kreme (DNUT) surged in premarket trading, with GoPro rising up to 90% and Krispy Kreme up to 70%. Both companies are part of the recent meme stock resurgence alongside Opendoor (OPEN) and Kohl’s (KSS). Despite their gains, their stock prices have not reached the levels of Opendoor and Kohl’s.

GoPro, once a tech breakout, has seen a significant decline in its stock value over the years, closing at $1.37 on Monday. Their revenue has also decreased, with first-quarter revenue in 2025 down 13% compared to the previous year. Krispy Kreme, on the other hand, has maintained a relatively steady share price, trading just above $5 after hitting a high during the pandemic.

Both GoPro and Krispy Kreme are set to report earnings in August. As retail investors drive small-cap trading reminiscent of the Gamestop rally, the share prices for both companies are soaring. However, GoPro has less than 10% of its outstanding shares available for short selling, unlike Krispy Kreme, Opendoor, and Kohl’s.

Opendoor’s shares were down over 9% in premarket trade, while Kohl’s stock remained relatively unchanged. The frenzy of meme stock trading continues to impact various companies, with traders targeting heavily shorted stocks. Krispy Kreme saw a 15% year-over-year revenue drop in Q1 2025, reflecting a trend seen in other companies experiencing meme stock surges.

Read more at Yahoo Finance: Krispy Kreme, GoPro both soar as the next darlings of this summer’s meme stock resurgence