Shares of department store Kohl's surge 30% in wild trading
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最新报道：Kohl's shares surged over 15% in premarket trading as retail investors on Reddit's WallStreetBets forum targeted the stock amid high short interest. The department store chain saw its short interest reach 25% of float last week, making it vulnerable to a potential short squeeze. Multiple posts on the forum highlighted Kohl's as an undervalued play with strong cash flow, sparking renewed meme stock frenzy. Analysts note the company's recent turnaround efforts, including Sephora shop-in-shops and Amazon returns partnerships, could justify higher valuation. Trading volume spiked to 3 times the 30-day average as social media chatter intensified.
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