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Investors Breathe Life Into New Batch of Meme Stocks as Kohl's and Opendoor Technologies Surge
The latest so-called meme stocks are the department store Kohl’s, which has surged this week, and the online-based real estate company Opendoor Technologies, which has skyrocketed this month. Both companies have been struggling in their respective sectors.
Kohl’s (NYSE: NYSE:KSS) stock soared as much as 90% Tuesday morning on massive trading volume as a surge in Reddit interest triggered a short squeeze in the heavily shorted retailer.
Kohl's has faced tepid sales growth as it struggles to attract budget-conscious shoppers still hurting from elevated ...
Kohl's stock closed at about $10.41 per share on July 21. When the market opened on July 22, the retailer's stock opened at $19.53 per share.
Open stock surges 200% amid meme-fueled frenzy, but analysts warn of risky fundamentals and uncertain outlook.
InvestorPlace - Stock Market News, Stock Advice & Trading Tips. Up 45% since its initial public offering in March of this year, Reddit (NYSE: RDDT) has emerged as one of the best technology ...
7 Web 3.0 Plays That Could Be the Best Plays You Ever Make; Investment decisions shouldn’t be made on talk alone. But checking out the WSB threads on these seven Reddit stocks, may give you an ...
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