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Here are five key things investors need to know to start the trading day:
It’s safe to say that meme stocks have made a resurgence. Wednesday’s session brought another pair of consumer-friendly names into the fold: Mountable camera maker GoPro
surged more than 12%, while donut maker Krispy Kreme
’s shares ended the volatile session more than 4% higher. These stocks, like other meme-y names that have emerged this week, share a few qualities. They tend to have high short interest and drum up some interest on the Wall Street Bets Reddit page, and most also have built-in name-brand recognition. Stocks trading around all-time highs also helps give these speculative trades oxygen. Of course, the eye-popping intraday moves for these names seem to be more about vibes than business fundamentals. CNBC Pro subscribers have exclusive access to a special screener for what names could be on deck in the meme stock revival.






