Daily stock watch: WallStreetBets has got people watching Kohl's
Increased Reddit chatter about Kohl's high short interest fueled the stock's rise.
Krispy Kreme, Rocket Companies, Lockheed Martin, and NIO also saw notable premarket moves.
This is where they were trading premarket at 7 a.m. ET Wednesday — and what's driving the moves.
1. Kohl's
The move: The department store giant was down 0.4% to $14.29 after jumping about 38% by the close on Tuesday.
Why: The stock surged after chatter on WallStreetBets Reddit thread about Kohl's stock's high short interest, which prompted retail investors to pour in.
2. Krispy Kreme
The move: The doughnut chain soared almost 20% to $4.96 per share, bringing total gains since the beginning of the week to over 50%.
Why: Discussions across Reddit, X, and other platforms about a potential short squeeze have fueled interest in Krispy Kreme, despite its first quarter results, its most recent, showing a 15% decline in revenue year-on-year.
3. Rocket Companies
The move: Rocket Companies surged more than 6% to $17.07 per share following an increase of about 6% on Tuesday.
Why: The Detroit -based financial services firm is set to announce its results for the second quarter next week. Analysts expect the company to report a boost in earnings after closing its acquisition of Redfin.
4. Lockheed Martin Corporation
The move: The American defense and aerospace manufacturer was up nearly 1% to $414.05 a share after falling 11% by Tuesday's close.
Why: Lockheed Martin reported an 80% fall in profits in its second quarter on Tuesday. It said it lost $1.6 billion to pretax charges connected to a classified defense program.
5. NIO
The move: The Shanghai-headquartered, NYSE-listed EV maker rose 4% to $5.20 a share, having shot up almost 11% on Tuesday.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
15 minutes ago
- Yahoo
Centene shares slide 10% as unexpected quarterly loss drives big miss
-- Centene (NYSE:CNC) on Friday posted an unexpected quarterly loss as the health insurer flagged a decline in revenue tied to its government-sponsored programs. The company's shares sank more than 10% in premarket trading. Centene reported a second-quarter loss of $0.16 per share, a far cry from analyst expectations, who were forecasting earnings per share of $0.39. Revenue for the period reached $48.74 billion, above the consensus estimate of $44.24 billion. "We are disappointed by our second quarter results, but we have a clear understanding of the trends that have impacted our performance, and are working with urgency and focus to restore our earnings trajectory," said Centene CEO Sarah M. London. Earlier in July, Centene pulled its 2025 earnings guidance, citing an anticipated drop in revenue from commercial plans offered through the Affordable Care Act, which provide income-based government subsidies. The company's premium and service revenues totaled $42.5 billion in Q2. The health benefits ratio stood at 93%, while the adjusted selling, general, and administrative expense ratio was 7.1%. Operating cash flow for the quarter came in at $1.8 billion. Related articles Centene shares slide 10% as unexpected quarterly loss drives big miss Clients buying into summer rally, bracing for later pullback, says BofA's Hartnett These Under-the-Radar Stocks Offer Better Risk-Reward Ratio Than Nvidia Sign in to access your portfolio
Yahoo
15 minutes ago
- Yahoo
Booz Allen Hamilton Announces First Quarter Fiscal Year 2026 Results
MCLEAN, Va., July 25, 2025--(BUSINESS WIRE)--Booz Allen Hamilton Holding Corporation (NYSE: BAH), the parent company of advanced technology company Booz Allen Hamilton Inc., today announced preliminary results for the first quarter fiscal year 2026. Booz Allen's press release is available at: Booz Allen's earnings presentation is available at The company will host a live conference call at 8 a.m. EDT on Friday, July 25, 2025, to discuss the financial results for its first quarter fiscal year 2026. Analysts and institutional investors may participate on the call by registering online at The conference call will be webcast simultaneously to the public through a link at A replay of the conference call will also be available on the site beginning at 11 a.m. EDT on Friday, July 25, 2025, and continuing for 12 months. About Booz Allen Hamilton Booz Allen is an advanced technology company delivering outcomes with speed for America's most critical defense, civil, and national security priorities. We build technology solutions using AI, cyber, and other cutting-edge technologies to advance and protect the nation and its citizens. By focusing on outcomes, we enable our people, clients, and their missions to succeed—accelerating the nation to realize our purpose: Empower People to Change the World®. With global headquarters in McLean, Virginia, our firm employs approximately 33,400 people globally as of June 30, 2025, and had revenue of $12.0 billion for the 12 months ended March 31, 2025. To learn more, visit (NYSE: BAH) BAHPR-FI View source version on Contacts Media Relations: Jessica Klenk, Klenk_Jessica@ Investor Relations: Dustin Darensbourg, Investor_Relations@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
15 minutes ago
- Yahoo
Lexus of Albuquerque Unveils New Multi-Million Dollar Sales, Service, and Parts Facility
Expansion Expected to Shorten Service Times and Enhance the Lexus Guest Experience ALBUQUERQUE, N.M., July 25, 2025 /PRNewswire/ -- Following a 20-month, multi-million dollar renovation including ground-up construction, Lexus of Albuquerque will officially unveil its new, state-of-the-art dealership next Tuesday. Grand reopening activities, featuring food, drink, and entertainment—not to mention the newest Lexus models—will take place from 6-8 pm, Tuesday, July 29 at the new dealership, located at 4821 Pan American Fwy. in Albuquerque. Lexus of Albuquerque is part of Houston-based Group 1 Automotive, Inc. (NYSE: GPI), one of the country's largest owners of automotive dealerships, franchises, and collision centers. "From the moment guests drive up, they're surrounded by a sleek and modern dealership with the amenities that Lexus owners expect and deserve," said Mont Porter, General Manager of Lexus of Albuquerque. "Everything from new speed doors that open up to an air-conditioned service drive-up, to solar-powered lot lighting, the addition of EV chargers, and new landscaping, we've focused on creating a premium customer experience, and we invite our guests to come see it for themselves." The previous dealership facility, which was 25 years old, no longer met the needs of customers and Lexus team members, according to Porter. The new dealership includes a new car wash, double the number of service bays from 16 to 32, and space to hire more service technicians, which Porter said he plans to expand to 30 from its current 21. The new showroom, decorated with Albuquerque city themes and southwestern colors, can accommodate 22 salespeople and more cars. In total, more than 17,000 square feet of space has been added for parts and service, including relocating the parts department cashier to the front waiting area for added guest convenience. The new showroom also includes an upscale customer waiting area with complimentary drinks, snacks, and wi-fi. In Group 1's tradition of giving back, Lexus of Albuquerque is making a $10,000 donation to Girls on the Run, a national 501(c)(3) nonprofit organization that believes physical activity-based positive youth development programs can enhance girls' social, emotional, and physical skills and behaviors to navigate life experiences successfully. About Group 1 Automotive, Inc. Group 1 owns and operates 258 automotive dealerships, 322 franchises, and 39 collision centers in the United States and the United Kingdom that offer 36 brands of automobiles. Through its dealerships and omni-channel platform, the Company sells new and used cars and light trucks; arranges related vehicle financing; sells service and insurance contracts; provides automotive maintenance and repair services; and sells vehicle parts. Group 1 discloses additional information about the Company, its business, and its results of operations at and Media Contact: Kimberly BartaHead of Marketing and CommunicationsGroup 1 Automotive, Inc.503-539-0756kbarta@ View original content: SOURCE Group 1 Automotive, Inc. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
