Read This Before Buying Kohl's Stock
Kohl's (NYSE: KSS) experienced a rough go of it during the first half of 2025. Alongside poorly received quarterly results and outlook, as well as a dividend cut, the company also had to contend with a scandal involving its then-CEO. These issues put major pressure on shares.
But then, starting around mid-year, things began to look a lot more promising. At first, shares surged due to meme enthusiasm, as speculators piled into the heavily shorted retailer, making it one of the top meme stocks. Then, shares have more or less held onto these gains, as better-than-expected quarterly results give credence to the company's turnaround taking shape.
Although the stock has been rangebound as of late, a new rally may be just around the corner. Here's why.
Source Fool.com
