Kohl's Stock Soars 100% in Short Squeeze

by MarketNewsData

Kohl’s stock (KSS) skyrocketed over 100% in early trading on Tuesday, triggering volatility halts before settling up ~30% by mid-session. The spike was driven by retail trader momentum, with short interest near 49% and heavy activity on Reddit and Stocktwits.

📈 Key Points:

  • No company news or earnings update drove the move.
  • Trading volume hit ~87 million shares, nearly 11x average.
  • Analyst targets remain low — UBS: $4, Visible Alpha: ~$8.
  • Stock traded as high as $21.39 intraday, opened near $19.30, and last traded near $14.60.

📉 Analyst Takeaway:
This rally mirrors past meme-stock behavior (e.g., GameStop, AMC) — speculative, not sustainable, and vulnerable to sharp reversals. Fundamental outlook remains weak

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