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Kohl's Stock Jumps as Meme-Stock Traders Eye the Retailer's Shares
Kohl's Stock Jumps as Meme-Stock Traders Eye the Retailer's Shares

Yahoo

time22-07-2025

  • Business
  • Yahoo

Kohl's Stock Jumps as Meme-Stock Traders Eye the Retailer's Shares

Is a beaten-down retailer the newest meme stock? That's one possible explanation for today's jump in shares of Kohl's (KSS), which were recently up some 30% in early trading, leading to a temporary halt in trading. The rise had earlier wiped out a year-to-date slide that had erased roughly a quarter of the company's market value, though the move had cooled a bit from morning highs. The move didn't follow any fresh corporate news, and its next quarterly earnings release isn't imminent. It's possible traders have instead seized on the stock—which is heavily shorted, possibly making it a candidate for a squeeze—as a vehicle for dramatic action, with the shares recently a topic of conversation on Reddit's go-go wallstreetbets forum. Kohl's first-quarter results, published in late May, were better than expected, though they followed on news that the company had fired its CEO not long into the announcement of an ambitious turnaround plan. Wall Street is broadly bearish, with Visible Alpha's mean price target at $8, below Monday's $10.42 per share close. UBS analysts on Monday reiterated a $4 target. Read the original article on Investopedia

Nasdaq Halts Bowen Acquisition Corp.
Nasdaq Halts Bowen Acquisition Corp.

Globe and Mail

time16-07-2025

  • Business
  • Globe and Mail

Nasdaq Halts Bowen Acquisition Corp.

NEW YORK, July 16, 2025 (GLOBE NEWSWIRE) -- The Nasdaq Stock Market ® (Nasdaq: NDAQ) announced that trading was halted on July 15, 2025 in Bowen Acquisition Corp. at 17:45:19 Eastern Time for additional information requested from the company. The last sale price of the company's securities was: Ordinary shares (Nasdaq: BOWN) $9.19 Rights (Nasdaq: BOWNR) $0.2252 Units (Nasdaq: BOWNU) $13.02 Trading will remain halted until Bowen Acquisition Corp. has fully satisfied Nasdaq's request for additional information. For news and additional information about the company, please contact the company directly or check under the company's symbol using InfoQuotes SM on the Nasdaq ® Web site. For more information about The Nasdaq Stock Market, visit the Nasdaq Web site at Nasdaq Media Contact: NDAQO

Tadawul suspends SISCO Holding trading at company request
Tadawul suspends SISCO Holding trading at company request

Argaam

time23-06-2025

  • Business
  • Argaam

Tadawul suspends SISCO Holding trading at company request

The Saudi Exchange (Tadawul) suspended today, June 23, trading of Sustained Infrastructure Holding Co.'s (SISCO Holding) shares, until the end of the current trading session. This came after the company requested a trading halt before announcing a significant event, in accordance with the listing rules and the procedures for the suspension of listed securities. Trading will resume on June 24. Before the halt, SISCO Holding stock was down 3% at SAR 25.30, with about one million shares traded.

MRNA trading suspended over delayed financial disclosure
MRNA trading suspended over delayed financial disclosure

Argaam

time18-05-2025

  • Business
  • Argaam

MRNA trading suspended over delayed financial disclosure

The Saudi Exchange (Tadawul) placed a one-session trading halt on shares of Morabaha Marina Financing Co. (MRNA) on May 18. The suspension followed MRNA's failure to disclose its financial statements for the period ending March 31, 2025, within the deadline set by the Rules on the Offer of Securities and Continuing Obligations. Trading in MRNA shares is set to resume on May 19 for 20 trading sessions. The company is required to publish its financial results by June 19. If MRNA fails to release the financial statements by the June 19 deadline, Tadawul will impose another trading halt starting June 22, which will remain in place until the disclosure is made. MRNA attributed the delay to the transition from its previous external auditor to PricewaterhouseCoopers Professional Services, which has slowed the completion of the financial review process, according to data compiled by Argaam.

Canadian Investment Regulatory Organization Trading Halt - IAU.WT.U
Canadian Investment Regulatory Organization Trading Halt - IAU.WT.U

Associated Press

time16-05-2025

  • Business
  • Associated Press

Canadian Investment Regulatory Organization Trading Halt - IAU.WT.U

TORONTO, May 16, 2025 /CNW/ - The following issues have been halted by CIRO: Company: i-80 Gold Corp. TSX Symbol: All Issues: No Reason: Pending Closing Halt Time (ET): 8:00 AM CIRO can make a decision to impose a temporary suspension (halt) of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. CIRO is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada. SOURCE Canadian Investment Regulatory Organization (CIRO) – Halts/Resumptions

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