Why Macy's Inc Stock Is Falling Today
Shares of Macy's (NYSE: M) were getting squeezed, after the company reported better-than-expected earnings this morning but delivered guidance that was not enough to offset ongoing pessimism around the industry.
The stock got swept up in a broader retail sell-off and was down 9.3% as of 11:32 a.m. EDT.
Image source: Macy's.
Source: Fool.com
Macy's Inc. Stock
€15.23
-1.180%
Our community is currently high on Macy's Inc. with 6 Buy predictions and 3 Sell predictions.
With a target price of 17 € there is a slightly positive potential of 11.59% for Macy's Inc. compared to the current price of 15.23 €.
