Macerich Stock Up 20.7% in Six Months: Will the Trend Last?

Shares of Macerich (MAC) have rallied 20.7% over the past six months, outperforming the industry's 3.1% growth.Macerich enjoys a portfolio of premium shopping centers in the United States. With a decent leasing pipeline, MAC is likely to continue witnessing healthy leasing activity at its properties in the quarters ahead, driving occupancy.Its focus on omnichannel retailing is likely to support its long-term growth. The balance sheet strengthening efforts will lower its leverage. However, tenant bankruptcy ...