Krispy Kreme sheds meme stock gains, drops over 20% in week
Krispy Kreme shares fell 22% last week, erasing recent meme stock gains. Retail sentiment turned 'bearish' on Stocktwits amid fears of bankruptcy and the loss of its McDonald's tie-up. Other meme names like GoPro and Opendoor also slumped. SPY slid 2.4% after new Trump tariffs hit US markets.