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Kohl's stock price falls a day after online trader-fueled 'meme' craze sent shares soaring
Huge interest in the Menomonee Falls-based retailer's stock drove so many trades July 22 that trading was briefly suspended. The rally came after online forums talked up shares in the retailer, which has suffered from sales slumps and corporate leadership turnover.
Retail investors have begun to pile into speculative bets on small-cap companies in a buildup that resembles the meme stock ...
"It has been building from its lows and people started promoting it online," stated Morningstar analyst David Swartz on the day trading action. "They're buying it because other people are buying...
Retail investors are once again banding together to bet on highly shorted loss-making companies such as Kohl's and Krispy ...
Krispy Kreme and action camera company GoPro have joined the meme stock rally as their shares surge. Like the shares of ...
Financial markets once again have been seized by meme-stock mania. In mid-July, a frenzied rally erupted around a cohort of beaten-down companies, including Opendoor Technologies Inc., Kohl’s Corp.
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