Tag: Short Squeeze
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Meme Stocks Return – Should You Be Worried?
Kohl’s shares surged 38 percent on Tuesday after retail traders swarmed the heavily shorted apparel retailer. The move echoed the 2021 meme stock mania, when GameStop but also AMC rocketed after Reddit users triggered short squeezes. Short interest in Kohl’s had reached 49 percent of the float by the end of June – according to…
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