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Shares of Kohl’s (NYSE:KSS) stock are up 31% today on media reports that private equity firm Sycamore Partners is preparing a $9 billion U.S. takeover offer for the retailer. Source: Sundry ...
Kohl's stock was up more than 2% as of midday trading Thursday. The retailer is currently in search of a new CEO following the departure of embattled leader Michelle Gass.
Kohl's (KSS) closed at $58.16 in the latest trading session, marking a -1.76% move from the prior day.
Shares of the department-store chain fell after its holiday-quarter guidance didn't meet expectations.
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Shares of the department store chain rose apparently in sympathy with a surge from rival Target.
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The stock of Kohl's (NYSE:KSS, 30-year Financials) shows every sign of being significantly overvalued, according to GuruFocus Value calculation.