Kohl’s Corp shares briefly doubled in value to a ten-month high of $21.23 on July 22, making it one of the most traded stocks on retail platforms. The chain became the latest “meme stock,” as the surge in trading was driven by online discussions on platforms like Reddit’s WallStreetBets.

(Reuters) -Shares of retail favorites Opendoor Technologies and Kohl's resumed their rally on Thursday, fueled by continued meme stock euphoria and broader markets hitting record highs. Opendoor Technologies,

The latest so-called meme stocks are the department store Kohl’s Corp. KSS-N, which has surged this week, and the online-based real estate company Opendoor Technologies Inc. OPEN-Q, which has skyrocketed this month. Both companies have been struggling in their respective sectors.