Meme stock rally has investors feeling 'invulnerable' as speculative bets power markets at record highs

Meme stock rally has investors feeling ‘invulnerable’ as speculative bets power markets at record highs

For retail investors, the summer of 2025 is quickly turning into the latest meme stock moment. Stocks like Opendoor (OPEN), Kohl’s (KSS), and Krispy Kreme (DNUT) have replaced yesterday’s meme darlings like GameStop (GME), AMC (AMC), and now-shuttered Bed, Bath & Beyond as the latest market curiosities, treating investors to wild price swings with little…

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Kohl's shares soar as investors rally behind new batch of "meme stocks"

Kohl’s shares soar as investors rally behind new batch of “meme stocks”

Kohl’s shares soared Tuesday as investors piled in amid renewed exuberance for so-called meme stocks.  The struggling department store’s stock price jumped nearly 38%, or $3,92, to close at $14.34 a share. Like other beaten down stocks suddenly embraced by retail investors, Kohl’s has benefited this month from buzz in online investor communities like WallStreetBets,…

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Kohl's fires CEO after investigation into conflicts of interest with vendors

Kohl’s fires CEO after investigation into conflicts of interest with vendors

Kohl’s Corporation said Thursday it has fired CEO Ashley Buchanan for cause after an investigation found he had violated the company’s conflict-of-interest policies.  Buchanan was terminated after an external investigation found that he directed the company to engage in transactions that involved “undisclosed conflicts of interest,” according to the company’s statement. The Menomonee Falls, Wisconsin-based department…

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