"Market Rally: Trump's Social Media Company and Krispy Kreme Among Top Stock Movers"
TL;DR Summary
Investors are displaying a heightened risk appetite as Trump Media (DJT) begins trading at a $9 billion valuation despite financial losses, while Krispy Kreme (DNUT) surges nearly 40% due to a partnership with McDonald's (MCD), sparking discussions about meme stocks on Wall Street. Analysts note a strong market sentiment driven by factors such as meme stock resurgence, risk appetite, and economic growth, with some expressing concerns about potential market derailment related to upcoming elections.
- Investors have more risk appetite to add to the market rally Yahoo Finance
- Trump's social media company gains in its first day of trading on Nasdaq The Associated Press
- Stocks making biggest moves premarket: Krispy Kreme, UPS and more CNBC
- Stock market today: Stocks pop as Wall Street looks to continue record-setting run Yahoo Finance
- Trump Media, Tesla, Seagate, Krispy Kreme, Viking Therapeutics, Reddit, UPS, and More Movers Barron's
Reading Insights
Total Reads
0
Unique Readers
0
Time Saved
7 min
vs 8 min read
Condensed
95%
1,542 → 74 words
Want the full story? Read the original article
Read on Yahoo Finance