Retail Traders Boost Kohl's and Meme Stocks in Market Rally
TL;DR Summary
Jim Cramer advises short sellers of Kohl's to cover their positions, comparing the situation to the GameStop short squeeze, and argues that Kohl's stock is not justified by its fundamentals, suggesting the short interest has created an unsustainable bubble.
- Jim Cramer says Kohl's short sellers should 'cover and move on' CNBC
- Will the Meme Stock Rally Save Tesla? The Information
- Kohl's shares soar as investors rally behind new batch of "meme stocks" CBS News
- Kohl’s and Opendoor Headline a New Class of Meme Stocks The Wall Street Journal
- Kohl's shares jump as retail traders drive 'meme-stock'-like rally Reuters
Reading Insights
Total Reads
0
Unique Readers
1
Time Saved
2 min
vs 3 min read
Condensed
91%
453 → 39 words
Want the full story? Read the original article
Read on CNBC