US Stock Market Move | The latest "meme stock" is out! Kohl's (KSS.US) surged nearly 90% at one point.

22/07/2025

Cole Department Store surged nearly 90% at one point, with trading volume skyrocketing.

On Tuesday, Kohl's (KSS.US) surged nearly 90% at one point with a sharp increase in trading volume, making it the latest "meme stock" popular among Reddit retail investors. As of press time, the stock had risen more than 37% to $14.32. Kohl's currently has about 53 million shares being shorted, accounting for 49% of its 112 million outstanding shares. Such a high short interest makes it an ideal target for short sellers to cover their positions. Market analysts generally believe that this surge is driven by retail investors on Reddit forums, similar to the frenzy of "meme stocks" like GameStop Corp. Class A (GME.US) and AMC Entertainment Holdings Inc. Class A (AMC.US) from earlier this year. With retail investors buying in, short sellers are forced to cover their positions, further driving up the stock price and creating a "short squeeze" effect, pushing the stock price sharply higher in the short term.

In the first half of the year, GHPC (01847) signed new sales contracts worth approximately 1.38 billion yuan, representing a year-on-year increase of about 62.2%.

On July 22nd, MNSO (09896) spent approximately $242,100 to repurchase 55,200 shares.

ZYLOXTB (02190) announces that the expected net profit attributable to shareholders of the company for the first half of the year will exceed 115 million yuan, an increase of approximately 66.9% compared to the same period last year.

In the first half of the year, GHPC (01847) signed new sales contracts worth approximately 1.38 billion yuan, representing a year-on-year increase of about 62.2%.

On July 22nd, MNSO (09896) spent approximately $242,100 to repurchase 55,200 shares.