retail traders – Charm

Kohl’s stock soars 37%, joining Opendoor as the latest retail meme craze

The latest entrant to this month’s meme stock craze appears to be Kohl’s (KSS). Shares of the beleaguered retailer rose 37.7% on Tuesday, with the stock at one point getting halted for trade by the New York Stock Exchange for volatility. In premarket trading, Kohl’s stock rose more than 100% at its highs. In a…

Money-Losing Retail Crowd Keeps Buying Stocks as Market Teeters

Cs news4 months ago4 months ago04 mins

(Bloomberg) — In a stock market battered by trade turmoil and growing fears of an economic slowdown, retail investors are doubling down, undeterred as their losses mount. Most Read from Bloomberg Individual traders pumped more than $12 billion into US equities in the week ending March 19, retail-trading data from JPMorgan Chase & Co. showed….