KSS gapped to a fresh four-year low of $14.53 earlier, after running into familiar overhead pressure at the $19 level. Shares have also struggled with resistance at the 40-day moving average since late October, and are pacing for their worst single-day percentage drop since February. So far this year, KSS has shed more than 48%.

Kohl's stock is sinking Tuesday after the retailer missed Q3 earnings expectations, slashed its full-year outlook and announced a C-suite shakeup.