Kohl's Stock Surges 37% Amid Meme-Stock Frenzy

1 min read
Source: MarketWatch
Kohl's Stock Surges 37% Amid Meme-Stock Frenzy
Photo: MarketWatch
TL;DR Summary

Shares of Kohl's and Opendoor surged dramatically, driven by momentum trading and herd mentality, creating a mini-bubble reminiscent of the late 1990s internet bubble, with significant trading volume and short covering activity.

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