{"id":39599,"date":"2025-07-22T23:40:07","date_gmt":"2025-07-22T23:40:07","guid":{"rendered":"https:\/\/site.itshrt.com\/worldnews\/kohls-shares-soar-as-investors-rally-behind-new-batch-of-meme-stocks\/"},"modified":"2025-07-22T23:40:07","modified_gmt":"2025-07-22T23:40:07","slug":"kohls-shares-soar-as-investors-rally-behind-new-batch-of-meme-stocks","status":"publish","type":"post","link":"https:\/\/site.itshrt.com\/worldnews\/kohls-shares-soar-as-investors-rally-behind-new-batch-of-meme-stocks\/","title":{"rendered":"Kohl&#8217;s shares soar as investors rally behind new batch of &#8220;meme stocks&#8221;"},"content":{"rendered":"<p> <script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-6606220950177433\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- ItShrt World News -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-6606220950177433\"\r\n     data-ad-slot=\"1882483372\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script>\r\n<br \/>\n<\/p>\n<div id=\"\">\n<p>Kohl&#8217;s shares soared Tuesday as investors piled in amid renewed exuberance for so-called meme stocks.\u00a0<\/p>\n<p>The struggling department store&#8217;s stock price jumped nearly 38%, or $3,92, to close at $14.34 a share. Like other beaten down stocks suddenly embraced by retail investors, Kohl&#8217;s has benefited this month from buzz in online investor communities like WallStreetBets, the Reddit forum that in 2021 helped <span class=\"link\"><a href=\"https:\/\/www.cbsnews.com\/news\/gamestop-stock-price-roaring-kitty-keith-gill\/\" target=\"_blank\" data-invalid-url-rewritten-http=\"\">power the starting market gains<\/a><\/span>\u00a0of companies like GameStop, BlackBerry and AMC Entertainment.<\/p>\n<p>Kohl&#8217;s has faced tepid sales growth as it struggles to attract budget-conscious shoppers still hurting from elevated inflation. In May the retail chain, which has roughly 1,100 stores around the U.S.,\u00a0<a href=\"https:\/\/investors.kohls.com\/news\/news-details\/2025\/Kohls-Reports-First-Quarter-Fiscal-2025-Financial-Results\/default.aspx\" target=\"_blank\" rel=\"nofollow noopener\">reported<\/a> a fiscal first-quarter loss of $15 million and that net sales fell more than 4% from the year-ago period.\u00a0<\/p>\n<p>Also that month, Kohl&#8217;s\u00a0<span class=\"link\"><a href=\"https:\/\/www.cbsnews.com\/news\/kohls-ceo-ashley-buchanan-fired-investigation-vendor-policy\/\" target=\"_blank\" data-invalid-url-rewritten-http=\"\">fired then-CEO Ashley Buchanan<\/a><\/span>\u00a0after the company found that he had violated its conflict-of-interest policies by hiring a vendor with whom he had a personal relationship and failing to disclose it.\u00a0<\/p>\n<p>Hockey-stick increases in a company&#8217;s shares even as it loses money is typical of meme stocks, which can surge as retail investors in pursuit of a quick killing crowd into the stock \u2014 often at the expense of other investors who have shorted, or bet against, the company.\u00a0<\/p>\n<p>Other companies that have rallied of late, largely driven by good vibes, include online real estate company Opendoor Technologies and mobile camera maker GoPro.<\/p>\n<p>Noted hedge fund manager Eric Jackson ignited the frenzy in Opendoor shares with a July 14\u00a0<a href=\"https:\/\/x.com\/ericjackson\/status\/1944821370400977059?utm_campaign=bm&amp;utm_medium=newsletter&amp;utm_source=morning_brew\" target=\"_blank\" rel=\"nofollow noopener\">post<\/a> on social media that touted what he described as the company&#8217;s long-term upside for investors.\u00a0<\/p>\n<p>&#8220;If $OPEN goes to $12B in revenue in a few years (already the Bloomberg consensus estimate)\u2026 And if the market gives them a 5x EV\/revenue multiple again (as it did at the 2021 peak)\u2026 That&#8217;s a stock price of $82. 100x from here,&#8221; he wrote.\u00a0<\/p>\n<h2>&#8220;Giant red flags&#8221;<\/h2>\n<p>Ihor Dusaniwsky, head of predictive analytics at market reserch firm S3 Partners, referred to companies like Kohl&#8217;s as &#8220;Battleground Stocks&#8221; in which individual investors clash with short sellers betting against the companies.\u00a0<\/p>\n<p>&#8220;In this charged atmosphere, even a single dollar of uncommitted capital \u2014 dry powder waiting in the wings \u2014 can unleash a stampede, tipping the balance in a heartbeat and generating jaw-dropping price swings within a single session,&#8221; he said in a research note. &#8220;It&#8217;s not just investing \u2014 it&#8217;s a tactical war zone where sentiment and strategy collide.&#8221;<\/p>\n<p>Some Wall Street analysts also think the latest surge in meme stocks could signal that equities, which have hit new highs in recent weeks, could be cresting.\u00a0<\/p>\n<p>Adam Crisafulli, head of investment advisory firm Vital Knowledge, said in a report Tuesday that the spikes in stocks like Kohl&#8217;s and Opendoor &#8220;act like giant red flags&#8221; for the market and that &#8220;froth this extreme is never a good sign,&#8221; while noting that corporate profits overall remain solid.<\/p>\n<p class=\"content__meta--contributors\">\n<p>                      <span class=\"byline__author__text\">The Associated  Press<\/span><\/p>\n<p>        contributed to this report.\n    <\/p>\n<p>    <!-- data-recirc-source=\"queryly\" --><\/p>\n<aside class=\"component list recirculation component--type-recirculation \">\n<p><h3 class=\"component__title\">More from CBS News<\/h3>\n<\/p>\n<\/aside>\n<p>    <!-- tags --><\/p>\n<div class=\"content-author\">\n      <a href=\"https:\/\/www.cbsnews.com\/team\/megan-cerullo\/\" class=\"content-author__name\" data-invalid-url-rewritten-http=\"\">Megan  Cerullo<\/a><\/p>\n<div class=\"content-author__bio\">\n<div class=\"content-author__full-information\">\n<p class=\"content-author__text\">Megan Cerullo is a New York-based reporter for CBS MoneyWatch covering small business, workplace, health care, consumer spending and personal finance topics. She regularly appears on CBS News 24\/7 to discuss her reporting.<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-6606220950177433\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- ItShrt World News -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-6606220950177433\"\r\n     data-ad-slot=\"1882483372\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script>\r\n<br \/>\n<br \/><a href=\"https:\/\/www.cbsnews.com\/news\/kohls-stock-news-meme-stock\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Kohl&#8217;s shares soared Tuesday as investors piled in amid renewed exuberance for so-called meme stocks.\u00a0 The struggling department store&#8217;s stock<\/p>\n","protected":false},"author":1,"featured_media":39600,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[33],"tags":[6661],"class_list":["post-39599","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-us","tag-kohls"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Kohl&#039;s shares soar as investors rally behind new batch of &quot;meme stocks&quot; - World News<\/title>\n<meta name=\"description\" content=\"Investors are championing Kohl&amp;#039;s, GoPro and other struggling companies as the &amp;quot;meme stock&amp;quot; frenzy returns.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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