Macy's(M)

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Macy's (M) Stock Sinks As Market Gains: Here's Why
ZACKS· 2024-07-31 22:51
Macy's (M) closed at $17.28 in the latest trading session, marking a -0.12% move from the prior day. This change lagged the S&P 500's daily gain of 1.08%. On the other hand, the Dow registered a gain of 0.75%, and the technology-centric Nasdaq increased by 2.64%.The the stock of department store operator has fallen by 2.92% in the past month, lagging the Retail-Wholesale sector's loss of 1.42% and the S&P 500's loss of 0.44%.The investment community will be closely monitoring the performance of Macy's in it ...
Macy's (M) Advances While Market Declines: Some Information for Investors
ZACKS· 2024-07-30 22:55
Macy's (M) closed the most recent trading day at $17.30, moving +1.23% from the previous trading session. This change outpaced the S&P 500's 0.5% loss on the day. Meanwhile, the Dow gained 0.5%, and the Nasdaq, a tech-heavy index, lost 1.28%.Coming into today, shares of the department store operator had lost 6.36% in the past month. In that same time, the Retail-Wholesale sector lost 1.37%, while the S&P 500 gained 0.1%.The investment community will be paying close attention to the earnings performance of M ...
Simon Clarke Joins Myriad Uranium's Board of Directors
Newsfile· 2024-07-25 11:30
Vancouver, British Columbia--(Newsfile Corp. - July 25, 2024) - Myriad Uranium Corp. (CSE: M) (OTCQB: MYRUF) (FSE: C3Q) ("Myriad" or the "Company") is pleased to announce that Mr. Simon Clarke has been appointed as a director of the Company, effective immediately. Mr. Clarke brings over 25 years' experience building companies and implementing successful capital markets and growth strategies focused on mining, energy, and energy technology. Mr. Clarke is currently CEO and a director of American Lithium Corp ...
Macy's (M) Down 14% in a Month: Is Now the Moment to Invest?
ZACKS· 2024-07-24 14:10
The performance of Macy's, Inc. (M) has been a roller coaster ride for the past month, with periods of increase followed by declines. On Jul 5, 2024, the stock jumped 9.5% amid reports that activist investor Arkhouse Management and partner Brigade Capital Management had sweetened their acquisition offer for the largest U.S. department store chain. However, this positive momentum was short-lived. On Jul 15, 2024, Macy's shares sharply declined 11.7% after the company announced the termination of discussions ...
Myriad Uranium Announces Exit from Niger
Newsfile· 2024-07-23 22:40
Vancouver, British Columbia--(Newsfile Corp. - July 23, 2024) - Myriad Uranium Corp. (CSE: M) (OTCQB: MYRUF) (FSE: C3Q) ("Myriad" or the "Company") announces that the Company has resolved to quit or relinquish, as appropriate, any interests it may hold in Niger, effective immediately. In connection with such resolution, Myriad has terminated its property option agreement dated as of August 17, 2022 with Loxcroft Resources Ltd., as optionor of the Niger properties referenced therein. Myriad's CEO Thomas Lam ...
Macy's (M) Outperforms Broader Market: What You Need to Know
ZACKS· 2024-07-22 22:55
The latest trading session saw Macy's (M) ending at $16.55, denoting a +1.1% adjustment from its last day's close. The stock's change was more than the S&P 500's daily gain of 1.08%. Meanwhile, the Dow gained 0.32%, and the Nasdaq, a tech-heavy index, added 1.58%.Shares of the department store operator witnessed a loss of 10.55% over the previous month, trailing the performance of the Retail-Wholesale sector with its loss of 0.31% and the S&P 500's gain of 0.43%.Market participants will be closely following ...
Are Investors Undervaluing Macy's (M) Right Now?
ZACKS· 2024-07-18 14:46
Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers.Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors use fundamental analysis and ...
Macy's (M) Relaunches Epic Threads for Back-to-School Season
ZACKS· 2024-07-17 15:40
Macy's, Inc. (M) celebrates the back-to-school season by reintroducing Epic Threads, a children’s clothing line that merges fun, functionality and sustainability. The refreshed collection, designed with input from kids, features vibrant, durable and versatile styles suitable for any activity.Now available at Macy’s stores nationwide, online and through the Macy’s app, Epic Threads helps children start the school year with confidence and style. The company’s extensive selection of trendy apparel, accessories ...
Macy's (M) Stock Declines While Market Improves: Some Information for Investors
ZACKS· 2024-07-16 22:56
Macy's (M) ended the recent trading session at $16.81, demonstrating a -0.24% swing from the preceding day's closing price. This change lagged the S&P 500's 0.64% gain on the day. On the other hand, the Dow registered a gain of 1.85%, and the technology-centric Nasdaq increased by 0.2%.Shares of the department store operator have depreciated by 8.52% over the course of the past month, underperforming the Retail-Wholesale sector's gain of 2.58% and the S&P 500's gain of 3.82%.The upcoming earnings release of ...
Bull Signal Flashing for Struggling Macy's Stock
Schaeffers Investment Research· 2024-07-16 19:27
Shares of Macy's Inc (NYSE:M) are up 0.4% to trade at $16.92 at last check, brushing off a price-target cut to $17 from $22 at ISI Evercore. The stock suffered a massive bear gap on the charts yesterday, after ending acquisition talks with Arkhouse Management Brigade Capital Management. While M carries a roughly 16% year-to-date deficit, it might not be time to shy away from the retail giant just yet.Macy's stock is a flashing a historically bullish signal on the charts. According to a study from Schaeffer' ...