KSS Stock Recent News

Individual investors are flocking to social media to cheer on a new group of oddball stocks and squeeze the short sellers; ‘Let's goo!!' says Hot-Ticket9440.

Kohl's stock more than doubled at its intraday peak Tuesday, then pulled back, a day after Opendoor shares did the same.

Kohl's stock jumped Tuesday (July 22) as traders talked the retailer up on social media. The company's shares rose by as much as 105% when the equity market opened, Bloomberg News reported.

Kohl's Corp. shares more than doubled Tuesday, minting it as the newest meme stock, amid an influx of mentions by retail traders on social media. The retailer's stock price soared as much as 105% when the equity market opened, its largest one-day jump ever, bringing it to $21.39, a level last seen nearly a year ago.

The retailer's stock could be experiencing a short squeeze.

Shares of Kohl's Corporation (NYSE:KSS) more than doubled in value on Tuesday in a stunning rally fueled by retail investor enthusiasm, surging short interest, and frenzied options trading despite no apparent news from the US department store chain. The stock jumped as much as 105% in premarket trading before opening up 87%.

Live Updates Live Coverage Updates appear automatically as they are published. Shares Flat 11:07 am by Eric Bleeker As of 11:07 a.m. ET, shares are flat to slightly in the red again. Yesterday, other popular momentum stocks like Lucid and QuantumScape fell, but both those stocks are slighlty positive today. In general, the key market theme today has been a rotation out of risk. Many of the most popular momentum/meme stocks are seeing large declines. Among other popular Wallstreetbets stocks, Kohl’s is up 36% and has been steadily rising since about 10 a.m. ET. Currently at 7% Gains 10:50 am by Eric Bleeker The whipsaw price action continues and Opendoor shares are now up a little under 7% as of 10:51 a.m. ET. It’s worth noting this is below the $4.50 options that were the most popular buy yesterday. We’ll see if there are enough buyers to make another run at $5 today (Opendoor peaked at $4.88 yesterday). Wall Street's Hottest Stocks: Opendoor and ... Kohl's?

Heavy trading in Kohl's brough back memories of a 'meme-stock' rally from 2021 in highly shorted retail favorites such as GameStop and AMC Entertainment.

Shares of Kohl's (KSS 35.13%) were soaring today after the ailing department store chain became the latest stock to get the meme treatment, following in the footsteps of Opendoor Technologies' meteoric rise in recent weeks.

Shares of Kohl's surged on Tuesday, leading to a temporary halt in trading due to volatility. The legacy department store's stock more than doubled in early trading, but those gains were soon wiped out.