Kohl's Sharply Lower After Mixed Q1 Report

Kohl's Corporation KSS shares are trading lower by $2.66 (6 percent) at $37.66 in Thursday's session.

The catalyst for the decline a is mixed Q1 report that revealed an EPS beat of a dime, but missed on sales by $60 million.

In a volatile session, Kohl's followed up its higher open with a rally all the way to $42.13 before reversing course.That marks the highest level for the stock since it peaked on March 3 at $42.27.

The rapid decline off that high has seen the Kohl's stock continue to make new lows for the session, with the current one standing at $37.63 as of 11:37 a.m. EST. That low comes in just below its April 6 low ($37.75) and just above the pair of lows from April 4 ($37.44) and April 5 ($37.47).