Kohl's (NYSE:KSS) Sees 13% Weekly Price Drop Following Revenue Decline Announcement
Kohl's (NYSE:KSS) experienced a 13% price decline over the past week, which can be attributed to several key developments. The company announced a decrease in revenue and net income for the fiscal year, alongside a reduced quarterly dividend. Additionally, shareholder activism emerged with proposals demanding stricter controls on executive compensation, which may have sparked investor concerns. During this period, broader market conditions also showed volatility, with investors anxious about...