Shares of Kohl’s Corp briefly doubled in value on Tuesday, as retail traders piled into the U.S. department store chain’s ...

Kohl's has faced tepid sales growth as it struggles to attract budget-conscious shoppers still hurting from elevated ...

Meme stocks are back. Jolted by a sudden surge in Opendoor stock last week, a handful of other shares have ripped higher on interest from retail traders.

Like Opendoor, Kohl's has had a run of underperformance and seen its stock price consistently fall from a post-pandemic recovery high of around $60 to a 52-week low of $6.04 in April of this year.

Opendoor stock was up 18% in Thursday's midday trading. Shares of Kohl's were also higher, trading up by 8% at the time of publication.

The stock is the No. 1 trending ticker on retail investor forum Stocktwits. About 49% of Kohl's outstanding shares available for trading are shorted, LSEG data showed.

Kohl’s shares opened up about 100% at a 10-month high of $21.23 on Tuesday, triggering a trading halt, before paring gains to trade up 39% at $14.48, late in the afternoon.