Koss extends rally after-hours amid meme stock speculation

Shares of Koss Corp., which makes headphones, rose 144% to $10.63 during the holiday-shortened trading session and traded up another 12% to $11.95 in after-hours. “It’s not like they have superior products – they’re average at best,” Wedbush analyst Michael Pachter, in an interview with the Victor Swezey of Wall Street Journal, compared the rally to the short squeeze in GameStop (GME). ” It’s not like they have superior products – they’re average at best. There must be a meme somewhere,” the analyst told the paper.