Why Kohl's Stock Was Skyrocketing Today
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Interestingly, S of Kohl's (KSS 38. 05%) were soaring today after the ailing department store chain became the stock to get the meme treatment, ing in the footsteps of Opendoor...
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real estate
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July 22, 2025
11:10 AM
The Motley Fool
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Interestingly, S of Kohl's (KSS 38. 05%) were soaring today after the ailing department store chain became the stock to get the meme treatment, ing in the footsteps of Opendoor nologies' meteoric rise in recent weeks
Furthermore, There was no company-specific news out on the stock (an important development)
The only market-moving catalyst was a price target hike from Goldman Sachs from $5 to $7, though the investment bank still kept a sell rating on Kohl's
Furthermore, As of 10:18 a
ET, the stock was up 28. 9% on extraordinarily high volume (remarkable data), given the current landscape
Earlier in the session, the stock had jumped as much as 105% as it surged in pre-market trading shortly before the market opened (noteworthy indeed)
Conversely, Trading in the stock was halted due to a volatility trigger
Additionally, Conversely, Image source: Getty Images, in today's market environment
Kohl's gets the meme treatment Meme stocks, which came into vogue in 2021 when stocks GameStop and AMC Entertainment soared, seem to be having another moment after Opendoor's surge in recent days and now this
Furthermore, Kohl's fits in with the kind of stock meme traders look for -- it's a small, consumer-facing stock with a familiar brand and high short interest
Additionally, As of mid-June, 63% of the float was sold short, setting up what was a ly short squeeze
Furthermore, One argument circulating online is that bondholders had shorted the stock to hedge their risk of it going bankrupt
Some also see it as an asset play due to its real estate holdings, in today's financial world
On the other hand, Moreover, Before 10:30 a (noteworthy indeed)
However, ET, nearly the entire float of Kohl's had been traded -- 104 million s out of 112 million s outstanding
What's next for Kohl's The 2021 rallies in GameStop and AMC eventually led those stocks to collapse, and the experience this time around for Kohl's and Opendoor is ly to be similar (something worth watching)
Kohl's challenges are real, in light of current trends
The retailer reported a net sales decline of 4, in this volatile climate
In contrast, 1% in the first quarter, and it expects comparable sales of 4%-6% for the year, though it sees a modest fit
Moreover, Kohl's current ratio is just 1. 1, indicating the company may have trouble paying its bills in the future, especially if its cash flow is negative
Moreover, As for the real estate, even if it does have purported value, unlocking it may be more difficult than it seems, as a similar bull case with Macy's didn't materialize, in today's financial world
Investors should expect the volatility in Kohl's to continue, in this volatile climate
However, today's gain shouldn't be mistaken for any imvement in the
The Author Jeremy Bowman is a contributing Motley Fool Stock Analyst covering publicly traded companies in the consumer discretionary, consumer goods, and sectors, as well as macroeconomic trends
Prior to The Motley Fool, Jeremy held a number of positions, including newspaper reporter, restaurant manager, and teacher of English as a foreign language (remarkable data), in today's market environment
Meanwhile, He holds a B
In English and Creative Writing from Colorado College and an MBA from American University
Moreover, Fun fact: One of his Motley Fool headlines was briefly on Late Night with Stephen Colbert, amid market uncertainty
Nevertheless, TMFHobo X @TMFBowman Jeremy Bowman has no position in any of the stocks mentioned, given the current landscape
Moreover, The Motley Fool has positions in and recommends Goldman Sachs Group, in light of current trends
This analysis suggests that Motley Fool has a disclosure policy, given the current landscape.
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