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Wajeeh Khan

EXPLAINED: Krispy kreme is getting some meme investor love how should you play dnut stock here | Vintage Vibes

Krispy Kreme DNUT

Krispy Kreme (DNUT) shares opened roughly 40% higher today as meme stock enthusiasts shifted focus from the likes of Opendoor (OPEN) and Kohl’s (KSS) to the doughnut company. 

According to multiple sources, more than 30% of DNUT’s float is currently sold short, making it a prime candidate for a short squeeze.  

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