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KSS stock price has dipped 6% year-to-date, lagging some retail peers. Portfolio managers cite brand repositioning as a core strategy to regain shareholder confidence. But now, as of this week, there’s a new trio of meme stocks sending a frenzy through online trading communities. We’d like to share more about how we work and what drives our day-to-day business. KSS stock price correlation with consumer spending indexes has strengthened in recent weeks. This makes upcoming economic data releases critical for short-term price movement.
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