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Since its 1992 debut, Macy's stock is up 205% from its split-adjusted $5.75 IPO but is down more than 75% from its 2015 record high around $73. Jared Blikre is a reporter focused on the markets on ...
Macy's stock jumped more than 4% by midday Tuesday. The original proposal made by Arkhouse on Dec. 1 would see the company go private for $21.00 per share, a 32% premium to Macy’s share price at ...
Macy's on Monday delayed its third quarter earnings release as it conducts an internal investigation into an employee hiding up to $154 million of expenses.An employee responsible for small ...
Macy's (originally R. H. Macy & Co.) is an American department store chain founded in 1858 by Rowland Hussey Macy.It has been a sister brand to the Bloomingdale's department store chain since being acquired by holding company Federated Department Stores in 1994, which renamed itself Macy's, Inc. in 2007.
Macy’s stock price has dropped 75% from a peak of $73 a share in 2015. Since then, it has closed nearly 300 stores — one third of its stores — and lost $3 billion in annual sales.
Shares of Macy's (M) popped over 1.5% on Thursday to inch closer to their 52-week high as investors begin to assess the possibility of a brighter future for the much-maligned retailer.
The company reported quarterly revenue of $5.65 billion, which beat the estimate of $4.98 billion. Macy's raised its full-year 2021 earnings guidance from a range of $1.71 to $2.12.
Macy's (M) has seen solid earnings estimate revision activity over the past month, ... One stock that might be an intriguing choice for investors right now is Macy's, Inc. M. This is because this ...