KOSS - コス （Koss Corporation）

Gamestop’s (NYSE: GME ) fourth-quarter earnings report has triggered a rally in meme stocks today. After the video game retailer beat Wall Street expectations on revenue and earnings-per-share (EPS), GME stock surged more than 48%. While it has come down slightly since then, the stock remains firmly in the green. Unsurprisingly, it is the top trending stock across social media message boards, with the sentiment on r/WallStreetBets up 70%. And while Gamestop continues trending upward, other prominent meme stocks are riding its coattails. AMC Entertainment (NYSE: AMC ) is up 3% for the day, while Carvana (NYSE: CVNA ) has surged by 18%. Fellow 2021 sensation Koss Corporation (NASDAQ: KOSS ) has jumped 8% so far, and Nokia (NYSE: NOK ) remains slightly in the green by 0.11%. The meme stock rally appears to be already running out of steam for all these gainers today. Bed Bath & Beyond (NASDAQ: BBBY ) rose on early market momentum but has already slipped back into the red. This is likely indicative of other things to come for the stocks enjoying superficial gains today.

HP Inc''s Poly subsidiary on Wednesday defeated a patent lawsuit brought by headphone maker Koss Corp in California federal court over technology used in wireless headphones.

Koss press release (KOSS): Q3 GAAP EPS of $1.01.Revenue of $3.35B (-23.3% Y/Y).Shares +5.6% PM.“Softness in certain of our domestic distributors as a result of tighter…

Declining sales, but earnings holding up. Ongoing supply chain and shipping costs issues with a reliance on international sourcing. See the stock outlook here.

Koss press release (NASDAQ:KOSS): Q4 GAAP EPS of $0.04.Revenue of $4.19M (-22.7% Y/Y).Shares -1.33% AH.

Gamestop’s (NYSE: GME ) fourth-quarter earnings report has triggered a rally in meme stocks today. After the video game retailer beat Wall Street expectations on revenue and earnings-per-share (EPS), GME stock surged more than 48%. While it has come down slightly since then, the stock remains firmly in the green. Unsurprisingly, it is the top trending stock across social media message boards, with the sentiment on r/WallStreetBets up 70%. And while Gamestop continues trending upward, other prominent meme stocks are riding its coattails. AMC Entertainment (NYSE: AMC ) is up 3% for the day, while Carvana (NYSE: CVNA ) has surged by 18%. Fellow 2021 sensation Koss Corporation (NASDAQ: KOSS ) has jumped 8% so far, and Nokia (NYSE: NOK ) remains slightly in the green by 0.11%. The meme stock rally appears to be already running out of steam for all these gainers today. Bed Bath & Beyond (NASDAQ: BBBY ) rose on early market momentum but has already slipped back into the red. This is likely indicative of other things to come for the stocks enjoying superficial gains today.

HP Inc''s Poly subsidiary on Wednesday defeated a patent lawsuit brought by headphone maker Koss Corp in California federal court over technology used in wireless headphones.

Koss press release (KOSS): Q3 GAAP EPS of $1.01.Revenue of $3.35B (-23.3% Y/Y).Shares +5.6% PM.“Softness in certain of our domestic distributors as a result of tighter…

Declining sales, but earnings holding up. Ongoing supply chain and shipping costs issues with a reliance on international sourcing. See the stock outlook here.

Koss press release (NASDAQ:KOSS): Q4 GAAP EPS of $0.04.Revenue of $4.19M (-22.7% Y/Y).Shares -1.33% AH.

HP Inc''s Poly subsidiary on Wednesday defeated a patent lawsuit brought by headphone maker Koss Corp in California federal court over technology used in wireless headphones.

Koss press release (KOSS): Q3 GAAP EPS of $1.01.Revenue of $3.35B (-23.3% Y/Y).Shares +5.6% PM.“Softness in certain of our domestic distributors as a result of tighter…

Declining sales, but earnings holding up. Ongoing supply chain and shipping costs issues with a reliance on international sourcing. See the stock outlook here.

Koss press release (NASDAQ:KOSS): Q4 GAAP EPS of $0.04.Revenue of $4.19M (-22.7% Y/Y).Shares -1.33% AH.

Source: Michael Vi / Shutterstock Ryan Cohen is hitting meme stocks hard on Friday after selling his entire stake in Bed Bath & Beyond (NASDAQ: BBBY ). Cohen, through his RC Ventures venture capital firm, sold all of his shares of BBBY stock for between $18.68 and $29.22 each . This came after the firm bought call options on 1.67 million shares Monday. News of that call options purchase sent shares of BBBY stock rocketing higher throughout the week. As a result, Cohen’s RC Ventures saw a profit of $59 million from the investment. There’s also potentially more profits to be made from its options. Cohen is a big name among investors in meme stocks as he leads founded pet e-commerce company Chewy (NYSE: CHWY ). He’s also currently the chairman of GameStop (NYSE: GME ), which is another favorite of meme traders. News of Cohen selling his shares of BBBY stock isn’t just dragging down that meme stock. It’s also affecting others today. Let’s take a look at that below! Meme Stocks Falling on Friday BBBY stock is down 40.8% as of Friday morning.