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BTCC / BTCC Square / Global Cryptocurrency /
Jim Cramer Reverses Stance on Meme Stocks Amid Kohl’s Short Squeeze

Jim Cramer Reverses Stance on Meme Stocks Amid Kohl’s Short Squeeze

Author:
Global Cryptocurrency
Published:
2025-07-23 01:01:02
9
2
BTCCSquare news:

Jim Cramer's unexpected pivot on meme stocks highlights the evolving dynamics of retail-driven market movements. His warning to short sellers regarding Kohl's stock—which surged 37.62% amid extreme volatility—echoes the 2021 GameStop saga. With 50% of Kohl's shares sold short, the setup mirrors the conditions that cost hedge funds $20 billion three years ago.

The WallStreetBets subreddit's resurgence as a catalyst for short squeezes underscores the power of decentralized retail coordination. Cramer, once a vocal critic of such speculative plays, now acknowledges their market-moving potential. This shift reflects broader tensions between institutional short sellers and grassroots trading collectives.

|Square

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