Macy's (M) Stock Sinks As Market Gains: Here's Why
MMacy's(M) ZACKS·2024-08-01 06:51

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 ...