Kohl’s Up After News of Potential Acquisition

Share post:

Kohl’s Corporation (KSS) launched +9% today after reports came out about Kohl’s being in a negotiating period with Franchise Group, Inc. (FRG) about purchasing Kohl’s for $8 billion. KSS is held by 136 ETFs and the top three holders are: Emles Alpha Opportunities ETF (EOPS) 10.51%, the LeaderShares AlphaFactor Tactical Focused ETF (LSAT) 3.21%, and the Invesco S&P MidCap Value with Momentum ETF (XMVM) 2.01%.

ETF Newz Says:

The sudden increase in trading for KSS can be attributed to investors betting on a positive future for Kohl’s after transfer of ownership.


Maintain Your Horses! A Space Bitcoin ETF May perhaps well also Already Be Priced into Crypto.

There is a growing belief that the recent price surge in bitcoin could already factor in the potential approval of a spot Bitcoin ETF- a pivotal strategic investment move that holds significant influence in the crypto market. Investors and financial enthusiasts alike are keenly awaiting regulatory approval, a decision that could potentially catalyze the future growth trajectory of bitcoin prices. This speculation underscores not only the potential value that bitcoin holds as a digital asset but also the evolving role of institutional reactiveness in the cryptocurrency landscape.

Tim Draper’s Bold Prediction: Bitcoin (BTC) Price Set to Skyrocket to $250K!

In the world of finance, Bitcoin is increasingly recognized as a transformative force. With the potential to challenge...

Bitcoin ETF: Navigating the Perils of SEC Rejection and Fierce Opposition from Funds

A recent court order has directed the Securities and Exchange Commission (SEC) to reconsider its denial of Grayscale's...

Nike’s Shocking 10% Plunge: Sales Outlook Slashed

Nike, a leading athletic apparel⁢ company, ⁣recently announced plans to reduce costs by $2 ‍billion over the next...