Meme stocks saw a surge this week, with companies like Opendoor, Kohl’s, and Krispy Kreme rallying. The DORKs, or meme stocks, experienced a speculative frenzy, but the rally has since tapered off. Retail investors have been on a stock-buying spree, with $155.3 billion worth of stocks purchased in the first half of the year. Despite the euphoria, the broader market is supported by strong corporate earnings, trade deals, and positive economic data. Market experts believe the recent meme stock craze is a sign of extreme optimism, but not necessarily a warning of a market crash.

Read more at Yahoo Finance: What the latest meme stock episode is telling us about the stock market