Krispy Kreme’s stock is surging in a meme stock frenzy alongside Beyond Meat. Beyond Meat’s stock price doubled before dropping, while Krispy Kreme has seen significant gains. Beyond Meat’s stock skyrocketed to $7.69, up 1,400% from its low last week. Both Beyond and Krispy Kreme are experiencing high volatility and remain below their historical highs. Analysts had previously identified them as compelling short ideas. The recent surge in these stocks reflects investor interest in quick gains on lightly traded stocks. News around the stocks, like Beyond’s wider availability in Walmart, has likely contributed to the momentum.

Read more at Yahoo Finance: Meme Stock Traders Can’t Seem to Get Enough of the Combo