Kohl’s stock up 33%, Locafy may be next Meme Stock, Forbes says

Suddenly, Meme Stock are back, Forbes’ Peter Cohan writes. Shares of Kohl’s (KSS) and Opendoor Technologies (OPEN) have soared after Reddit (RDDT) and X hosted posts from investors aiming to drive up the heavily shorted shares. Locafy (LCFY) could also be a candidate for the next meme stock, the author notes, saying that while the shares have since lost about half their peak value, the company’s 60% short interest suggests Meme Stock potential.

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