Kohl's, Meme and stock
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WallStreetBets, the infamous subreddit credited with helping to spawn the meme-stock phenomenon, is giving its regular readers a taste of what it was like during the trend’s heyday in early 2021.
Kohl's and Krispy Kreme have been subject of online chatter, including on WallStreetBets, about their potential. Rocket Companies is up 6%.
It all started on social media. I saw it on Reddit’s Wall Street Bets section, it’s time to buy the stock of Kohl’s.
Kohl's stock price nearly doubled overnight, surging from $10.42 to $19.53 per share. Online forums, including Reddit's Wall Street Bets, are believed to be contributing to the increased trading activity. Kohl's Chief Marketing Officer, Christie Raymond ...
Meme-stock mania might be back, but old heads may have noticed that the moves this time around are lacking a certain explosiveness.