Retail traders drove Kohl’s stock price up more than 30%, with a premarket rise of over 100%. Similar to Opendoor, Kohl’s has seen underperformance, dropping from $60 to a 52-week low of $6.04. Short float for Kohl’s is 49%, while Opendoor’s is at 21%. Kohl’s expects same-store sales to decline 4%-6% in fiscal 2025. CEO Ashley Buchanan was removed in May for an ethical breach, with the company reporting a 4.1% same-store sales decline in Q1 2025.

Read more at Yahoo Finance: Kohl’s stock soars, triggers early trading halt to join Opendoor as the latest retail meme craze