Macy’s (M) Drops as Net Income Dwindles, Revenues Flat

We recently published 10 Stocks Losing Their Fire. Macy’s Inc. (NYSE:M) is one of the worst performers on Thursday. Macy’s extended its losing streak to a third straight day on Thursday, shedding 0.62 percent to close at $22.32 apiece as investors took path from its earnings performance in the third quarter of the year. At intra-day trading, the stock dropped by as much as 3.6 percent. Pixabay/Public Domain In an updated report, Macy’s Inc. (NYSE:M) said net income dwindled by 60.7 percent to $11 mill ...