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Why Kohl's Stock Dropped -- Then Popped

TheMotleyFool

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Kohl's Corporation (NYSE: KSS) stock took investors for a rollercoaster ride Tuesday morning. Reporting Q4 earnings, the stock fell 3%, then flipped and surged more than 14%, before pulling back to a 7.1% gain as of 11:20 a.m. ET.

Analysts forecast Kohl's would earn $0.85 per share on sales just over $5 billion. In fact, Kohl's earned $1.07 per share despite missing sales slightly.

Image source: Getty Images.

Source Fool.com

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