Kohl’s stock soars and Opendoor sees massive volume as meme-stock ‘mini-bubble’ forms

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A day after Opendoor Technologies Inc. was swept up in the latest round of meme-stock mania, shares of Kohl’s Corp. skyrocketed amid what a behavioral-finance expert describes as a “mini-bubble.”

Shares of the discount department-store chain

KSS ended the session up 37.6% but had been up as much as 105.3% to an intraday high of $21.39, their highest price seen since Aug. 1, 2024. That was enough to make Kohl’s the biggest gainer on the New York Stock Exchange.

This post was originally published on Market Watch

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