Kohl's Gets A Lift From Talks Over Going Private

Kohl's Corporation KSS shares are trading higher by $1.14 at $49.02 in Monday's session. A Wall Street Journal report on the company considering going private has sparked a rally in the beaten down issue.

In premarket trading the issue reached $50.78, but has not been able to come to close to that level during the regular session.'

Instead it peaked at $50.16 off the open and retreated to $48.41 before rebounding back in the $49 handle.

Despite the broad the broad being in the red for the year, the issue is one of the markets better performers. After ending 2015 at $47.63, it higher by nearly four percent compared with the S&P 500 index being down six percent.