Shares of department store retail chain Kohl's Corporation (KSS) are surging more than 32% in the morning trade on Monday after the company confirmed that it received letters expressing interest in acquiring the company.
Kohl's said its Board will decide the course of action and it does not intend to disclose further details on this matter.
KSS, currently at $62.15, has traded in the range of $42.68- $64.80 in the past 52 weeks.
For comments and feedback contact: editorial@rttnews.com
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.