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.

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