(Reuters) -Shares of retail favorites Opendoor Technologies and Kohl's resumed their rally on Thursday, fueled by continued meme stock euphoria and broader markets hitting record highs. Opendoor Technologies,

Short squeezes have been a key piece of the stock market rally as short sellers have lost just shy of $355 billion since the market bottom on April 8, according to data from S3 Partners.

Kohl’s stock shot up 105% in intraday trading on Tuesday before finishing the day up 38%. The move wasn’t sparked by news—there wasn’t any. Instead, it was fueled by a “gamma squeeze.”