Stock futures dipped slightly ahead of Nvidia's earnings report, while Kohl's surged over 21% after beating earnings estimates and raising guidance. Major stocks like Amazon, Boeing, and Microsoft showed mixed premarket movements, with Nvidia nearing new highs amid strong analyst expectations. The market remains cautious as investors await key earnings results.
Kohl's shares surged over 15% after beating Wall Street earnings expectations despite declining sales and leadership changes. The retailer revised its full-year sales outlook to a smaller decline and increased its earnings guidance. Despite ongoing sales declines and leadership instability, Kohl's reported better-than-expected quarterly earnings, reduced inventory, and implemented strategic initiatives like expanding product categories and adding Sephora shops to its stores.
Meme-stock trading surged in 2025 as retail investors, armed with social media and AI tools, flocked to heavily shorted and volatile stocks like Opendoor, Kohl's, GoPro, and Krispy Kreme, aiming for quick profits through rapid trades and short squeezes, reflecting a broader bullish market sentiment despite underlying struggles of some companies.
Investors are showing renewed interest in highly shorted stocks like Kohl's, GoPro, and Krispy Kreme, leading to significant rallies in their stock prices amid a possible short squeeze scenario.
Shares of Opendoor and Kohl's experienced volatility amid a renewed meme-stock frenzy driven by retail investors on social media, with other stocks like Krispy Kreme and Rocket also surging, but experts warn of the high risks involved in such speculative trading.
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.
Kohl's shares surged nearly 38% amid a broader rally in meme stocks driven by online investor communities like WallStreetBets, despite the company's ongoing sales struggles and recent leadership issues. This phenomenon reflects a volatile trading environment where retail investors influence stock prices, often disconnected from company fundamentals, raising concerns about market froth and potential signs of a market top.
Kohl's shares surged over 100% in a trading frenzy driven by retail traders and options speculation, reminiscent of the 2021 meme-stock rally, amid high short interest and trading volume, before paring gains. The move highlights retail investors' influence and speculative trading in the stock market.
Investors are turning to struggling companies like Kohl's and Opendoor Technologies, which have seen significant surges in their stock prices driven by social media hype and online communities, despite ongoing challenges in their sectors.
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.
Kohl's stock nearly doubled in a day, driven by online trading forums like Reddit's Wall Street Bets, making it a 'meme stock' with high volatility and significant short interest. An executive sold shares during the surge, but trades were executed under a pre-established plan. The phenomenon resembles past meme stock events with short-term trading spikes unlikely to impact Kohl's long-term prospects.
Kohl's (KSS) stock experienced a dramatic surge of about 36%, driven by meme stock trading activity and a high short interest, despite the company's lack of recent positive news or earnings reports. The rally is fueled by Reddit's wallstreetbets forum and a potential short squeeze, with the stock's price jumping from a low of around $6 to over $6.83, although analysts remain cautious with a moderate sell rating and a significant downside potential. This surge follows Kohl's recent struggles with declining sales and leadership changes.
Kohl's stock surged 30% in volatile trading, reminiscent of meme stock rallies, driven by high short interest and retail investor interest, despite the company's ongoing business struggles and lack of major corporate news.
Shares of Kohl's (NYSE:KSS) surged over 62% in premarket trading amid speculation of a short squeeze, with the stock experiencing a trading halt; the company has also been the subject of acquisition rumors.
Kohl's is undergoing a leadership change as CEO Tom Kingsbury steps down, to be replaced by Ashley Buchanan, amid declining sales and stock value. Despite partnerships with Amazon and Sephora, Kohl's has faced 11 consecutive quarters of sales decline, leading to concerns about its future. The retailer's struggles are likened to the decline of Sears, with criticisms of high prices and ineffective promotions. The new leadership aims to reverse these trends, but skepticism remains about the company's ability to recover.