Hot Stocks Today: Top Gainers & Why They’re Soaring 🚀
It’s been an exciting trading session on July 23, 2025, with several hot stocks today ripping higher. Here are the top three gainers and the scoop on why each stock is up big:
Hot Stocks Today
Abivax (ABVX) – +577.5% to ~$67.75 per share. This tiny biotech skyrocketed over 5× in value, pushing its market cap near ~$0.7–0.8 billion. Volume exploded to 10.6 million shares (vs ~0.28 M avg)! Wondering why ABVX stock is up so much? The company announced overwhelmingly positive Phase 3 trial results for its ulcerative colitis drug, Obefazimod. Basically, ABVX delivered a breakthrough, and traders piled in on hopes of FDA approval down the road.
GoPro (GPRO) – +54% (approx.) to around $1.44. The action camera maker is suddenly a meme-stock darling, bouncing from penny-stock levels. Its market cap is still modest (~$200 million), but nearly 40 million shares traded hands (over 4× the usual volume) as it hit multi-month highs. The reason why GPRO stock is up? No big earnings news – this is part of a short squeeze frenzy. With high short interest and a low price, retail traders on Reddit and X (Twitter) targeted GPRO, sending it flying in the latest “meme stock” rally. Talk about a comeback for the once-iconic camera brand!
Krispy Kreme (DNUT) – +18.5% to ~$4.88 per share. The donut chain continued its sugar rush, adding to yesterday’s 27% pop. It’s now an ~$800 million market cap company (still under $1B), with 44.2 million shares traded today (🔥 1,272% of its average volume!). The why behind DNUT’s jump isn’t a tasty earnings beat – it’s the same meme-stock wave lifting GPRO. With 32% of its float sold short, DNUT became a prime short squeeze target. Retail investors snapped it up after seeing Kohl’s and Opendoor rip higher this week, betting this top gainer could keep climbing. 🍩🚀
These top gainers are the talk of Wall Street – and the Trending Stocks forums – right now. Each has a unique story: from biotech breakthroughs to meme stock mania.
Stocks to watch this week?
Definitely these three! Now I want to hear from you:
🤔 Are you watching or trading any of these hot stocks? Did you catch the ABVX rocket ride, or jump on the GPRO/DNUT meme train? What other top gainers or stocks to watch this week are on your radar? Let’s hear your take! Which stock do you think will stay hot, and which might fizzle out? Drop a comment below and join the discussion – your insight could be the next big hit on the forum! 💬
