The previous major price move occurred just six days prior when the stock fell 4.5%. That decline followed a report from JPMorgan labeling Kohl's an emerging meme stock due to high social media mentions, retail buying interest, and substantial short interest from hedge funds. Despite the recent gains, the stock remains 14.8% below its 52-week high of $21.10 from September 2024. Investors who purchased $1,000 worth of Kohl's shares five years ago would now hold an investment valued at approximately $768.67.