Erik McGregor / LightRocket via Getty Images Krispy Kreme's stock is, to borrow a phrase from the company, hot now. Key Takeaways Another meme stock frenzy is underway, sparking massive moves for shares of Beyond Meat and Krispy Kreme. Beyond Meat's stock price more than doubled Wednesday morning, touching its highest level in more than a year, before giving back most of those gains in the afternoon. Shares of Krispy Kreme, the beaten-down maker of sweet treats, have soared the past two days. If y ...

Just in time for Halloween, we have a zombie fund. Roundhill Investments last week resurrected its Meme Stock ETF (MEME), and something about it is a little … different. The former iteration was a COVID-era exchange-traded fund that, like others of its time, did not see as much promise in a post-pandemic world. The ETF had previously focused on meme stocks like GameStop and AMC Entertainment Holdings that were powerfully inflated by #wallstreetbets Subreddit participants and others. “A few years ago, mem ...