22 01, 2024

Macy’s Climbs 2% After Turning Down $5.8 Billion Bid – Why it May Be a Good Time to Buy This Stock

By |2024-01-22T17:58:27+00:00January 22nd, 2024|Categories: Feature: Stock Market Investing, Featured: News, Stocks in the News|Tags: , , , , , |

Two investment firms teamed up to submit a proposal to purchase Macy’s (M) back in December. After mulling over the offer for a few weeks, the retailer announced today that it would not be accepting the $5.8 billion bid brought forth. Arkhouse Management and partner Brigade Capital Management were eager to take the department [...]

11 12, 2023

Macy’s is Up 86% in the Past Month After News of a Buyout Offer: What Investors Need to Know

By |2023-12-11T18:04:20+00:00December 11th, 2023|Categories: Feature: Stock Market Investing, Featured: News, Stocks in the News|Tags: , , , , , , , |

Shares of Macy’s (M) are up 20% so far to start the week as the company is reportedly reviewing a $5.8 billion buyout offer. Shares have now surged more than 86% in the past month. A source close to the matter says the offer comes from two investors, real estate investor Arkhouse Management and [...]

17 11, 2022

Macy’s Stock Climbs 11% After Q3 Earnings – 2 Reasons We See an Opportunity for Investors

By |2023-12-07T21:10:53+00:00November 17th, 2022|Categories: Feature: Stock Market Investing, Featured: News, Stocks in the News|Tags: , , , |

After reporting Q3 earnings that exceeded expectations, Macy’s (M) stock climbed over 11% as of 11 AM EST Thursday morning. If you’re evaluating the stock and considering whether there’s an opportunity for trading here, we’ve got two things you need to see first. Before we unveil our findings, let’s look at what happened in [...]

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