Here is a recent question from an investor who was assigned shares in Kohls Corp Stock (KSS) and wonders, will the company survive.
On Feb 21 Kohls Corp Stock (KSS) was trading at $44. On Friday, Mar 20 it closed at $15.85 for a stunning 64% loss of value. They are not alone. Many stocks have been hammered in this downturn but the question is will it survive this bear market or will it be like another J C Penny Stock (JCP) which on Friday closed at $0.45. (Yes, 45 cents).
The investor has been assigned 1000 shares far above where the stock is trading. Here are his questions along with some ideas on how to decide whether to stay or leave the stock and how to effect some repairs.
The rest of this strategy article is for FullyInformed members.
Questions About Assigned Kohls Corp Stock (KSS) Shares – Investor Questions
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