Finance Foggle

Key Takeaways Kohl’s stock surged 38% in a single day, peaking at 105% intraday, triggering a NYSE trading halt. Opendoor  skyrocketed 300% over six sessions before a 10% correction . Both stocks share critical weaknesses: Kohl’s faces declining sales and CEO turmoil, while  Opendoor  has never turned an annual profit . 49% of Kohl’s available shares are shorted, fueling a potential short squeeze as retail traders swarm. Analysts label this a “mini-bubble,” warning it signals excessive market froth . The Halts and the Howling The New York Stock Exchange froze Kohl’s stock at 9:42 AM. Shares had just doubled, $21.39 from $10.70, on zero news. Zero earnings. Zero hope. Trading desks blinked. Floor veterans coughed into stale coffee.  Kohl’s  hadn’t touched $20 since August 2024 . By close, it settled at $14.34. A 37% gain. Enough to incinerate $260 million from short sellers in hours . Volume hit 184 million shares. Twenty-five times the norm . Kohl’s Rotting Core...