Can Macy’s Stock Rebound After An 8% Fall In The Last Ten Days?
- Wednesday, April 6, 2022, 7:14
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Macy’s stock, a department store chain, declined by 8% in the last ten trading days (two weeks). In comparison, the broader S&P500 index grew almost 3% over the same period. The company saw its net sales rise 40% year-over-year (y-o-y) to $25.3 billion. It should be noted that the company’s sales…