The Good: Kohl’s Kohl’s shared jumped 8% today on the news that the company would reject an investor group’s attempt to seize control of its board because it would disrupt the momentum the retailer is building in revamping its business. The activist investor group consists of Macellum Advisors, Ancora Holdings, Legion Partners Asset Management and 4010 Capital. These investors wanted to add directors with retail experience, slash executive compensation, diminish inventory and consider selling non-essential real estate. Kohl’s had been in talks with the group since early December. Kohl’s said it would incorporate ideas similar to the investor group’s, but that some of the group’s ideas would negatively impact shareholders. The Bad: Boeing Dozens of Boeing 777s were grounded after the much-publicized engine failure of the recent United Flight 328 departing from Denver International. The FAA announced it will order inspections of some of the line of jetliners. Japan’s aviation regulator froze flights of this type of engine until further notice. Separately, Boeing recommended halting these types of 777s until the FAA investigation was complete. Shares of Raytheon Technologies, parent of the engine maker, were down today while Boeing stocks moved up 0.5%. This bad turn for Boeing follows their years-long struggle with their 737 Dreamliner. The Ugly: Tesla Tesla just had its worst day since September, 2020, when it closed down over 10%. The stock fell nearly 8.5% today amidst a big tech slide, though Tesla fared worse than other stocks like Apple, which fell 2%. While the markets fell broadly today, some speculate that Tesla’s slide—which continued a withering of the formerly booming stock—was furthered by the slide in Bitcoin. Bitcoin was down 6% after-hours as its boom slowed. Tesla recently disclosed that they purchased $1.5 billion in Bitcoin and would accept the cryptocurrency as payment for its vehicles. Daniel Ives, of Wedbush Securities, pointed out over the weekend that Tesla was slated to make more in 2021 from its Bitcoin investment than from the sales of its electric vehicles.