Tag: Macy’s Stock price
Macy’s Stock Jumps Despite Full-Year Forecast Cut
Announcing its second-quarter results on Tuesday, Macy’s cut its full-year forecast to $4.00-to-$4.20 per share from the previously expected $4.53-to-$4.95 per share. However, this did little to discourage investors as the company’s stock saw a jump of more than 5% at one point following...