Shares of Kohl’s Corp surged 100% to $21.23 before settling at 39% up at $14.48, drawing comparisons to meme-stock rallies. Retail investors flocked to Kohl’s, driving trading volume up 25 times the average. Options volume hit 360,000 contracts, 12 times the daily average, with call options betting on a rise above $17.50 most popular. Kohl’s short squeeze amid short seller attacks led to a 49% short float, sparking speculation and a coordinated investor chase. Meme stock rally resurgence driven by retail interest in highly shorted stocks like Opendoor Technologies, up 10% and 300% in six sessions.

Read more at Yahoo Finance: Kohl’s shares jump as retail traders drive ‘meme-stock’-like rally