Kohl's Stock Surges 37% Amid Meme-Stock Frenzy
TL;DR
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.
Topics:top-newsfinancial-markets#behavioral-finance#financial-markets#kohls#meme-stock#mini-bubble#opendoor
- Kohl’s stock soars and Opendoor sees massive volume as meme-stock ‘mini-bubble’ forms MarketWatch
- Kohl's stock soars, triggers early trading halt to join Opendoor as the latest retail meme craze Yahoo Finance
- Kohl's shares soar as investors rally behind new batch of "meme stocks" CBS News
- Shares of department store Kohl's surge 37% in wild trading CNBC
- Kohl’s and Opendoor Headline a New Class of Meme Stocks The Wall Street Journal
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