Macy’s Stock Has Rallied This Year — But Here's Why One Fund Cut 6.7 Million Shares

Key Points New York City-based Cooper Creek Partners Management sold nearly 6.7 million shares of Macy's in the third quarter. In light of the sales, the value of the overall position fell by about $73 million quarter to quarter. Cooper Creek still holds 740,517 shares of Macy's valued at $13.3 million as of quarter-end. These 10 stocks could mint the next wave of millionaires › On November 14, Cooper Creek Partners Management LLC disclosed a major sale of Macy's shares in the third quarter, acco ...