Amidst tariff concerns and market volatility, there has been a rise in meme stocks, sparked by two stocks in the past week. A meme stock gains popularity and a high trading volume, driven by strong social media interest.

Why It Matters: GoPro’s recent stock value surge is indicative of the impact of legal rulings and financial performance on investor sentiment. The company’s ability to secure favorable legal outcomes and exceed financial expectations. The increase in stock of the company demonstrates the importance of these factors in the stock market.

Bloomberg journalists discuss today's biggest winners and losers in the stock market. Listen for analysis on the companies making news on Wall Street.

GoPro's (GPRO) recent surge appears driven by meme stock dynamics and retail enthusiasm. See why I'm not interested in joining the stock price buying frenzy.

What Happened? Shares of action camera company GoPro (NASDAQ:GPRO) jumped 13.1% in the afternoon session as the stock continued a recent positive trend. The action camera maker's stock was on an upswing,