Amazon has had a very good year on the market, its stock price up 46 percent year on year, something that doubtlessly pleases those who have invested. However, arguably having an even better run are Macy’s investors, who have seen stocks perk up a whole...
Following a downgraded rating from Morgan Stanley, Macy’s stock dropped more than 3 percent on Thursday (May 10). The investment bank had put an “underweight” rating on the stock, CNN Money reported. Despite the recent fall, Macy’s stock is still up 15 percent this year...
Retailer Macy’s has been handed a sell rating by Citi Research, which said Monday (Oct. 30) that the company’s efforts to increase cash flow and boost foot traffic to its stores are failing. In a research report covered by CNBC, Citi Research analyst Paul Lejuez...
Macy’s stock slumped Tuesday (June 6) in the wake of a warning at the company’s annual investor day that profit margins are being squeezed. Macy’s shares slipped more than 7 percent intraday, before ending the session at $21.90. That was the worst Macy’s stock showing since last...
June 14, 2018
Amazon has had a very good year on the market, its stock price up 46 percent year on year, something that doubtlessly pleases those who have invested. However, arguably having an even better run are Macy’s investors, who have seen stocks perk up a whole 56 percent this year in the long-embattled — but now […]
May 11, 2018
Following a downgraded rating from Morgan Stanley, Macy’s stock dropped more than 3 percent on Thursday (May 10). The investment bank had put an “underweight” rating on the stock, CNN...
