Why Macy's, Inc. Stock Is Down 34% This Year
Shares of Macy's (NYSE: M) have tumbled this year as the company has reported consistently downbeat results. As of July 25, the stock has lost 34%, according to data from S&P Global Market Intelligence.
Image source: Macy's
As the following chart shows, the stock fell sharply on two separate occasions, the first when it reported holiday-season guidance and then when it reported first-quarter earnings.
Source: Fool.com
Macy's Inc. Aktie
13,15 €
1,08 %
Leichtes Buy-Übergewicht bei der Macy's Inc. Aktie mit 5 zu 1 Einschätzungen.
Eine Steigerung von über 50% ist für Macy's Inc. möglich, angesichts eines Kursziels von 21 € gegenüber 13.15 €.
