Why Kohl's Shares Were Gaining Today
In today's dumb stock move of the day, shares of Kohl's (NYSE: KSS) were moving higher, apparently gaining in the wake of a monster earnings report from Target (NYSE: TGT). It was the third big swing for Kohl's this week after the department store chain reported its own disappointing second-quarter results.
As of 11:42 a.m. EDT, Kohl's stock was up 4.3%. Target's, meanwhile, had gained 19.5% to hit an all-time high.
Image source: Kohl's.
Source Fool.com