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Macy's, Inc. (M) stock information

Macy’s, Inc.

24h Change

-2.98 %

M

Live rate: Market closed

Stock data per Friday 22 May, 2020

M
New York Stock Exchange
5.37
5.28
5.21
-0.16 (-2.98%)
US Market is closed

Live Stock price in graph for Macy’s, Inc. (M)

Data updated continously for M, showing up to the 500 most recent 100 data points

  • Latest Volume

    35,481,001 (-35.7 %)

  • Volume prev. day

    55,176,168

  • Avg. daily volume

    34,088,004

  • Market cap

    1,613,380,700

  • P/E ratio

    2.86

  • Today high

    5.46

  • Today low

    5.13

  • 52 week high

    23.4

  • 52 week low

    4.38

  • YTD Change

    n/a

 

Latest news about Macy’s, Inc.

Below you can find the most recent news posts about Macy’s, Inc., primarily from US and UK based news sources.

Macy’s reopening 68 stores, targets all within six weeks as U.S. curbs loosen

Thursday, 30 April 2020, 16:37:04
Macy’s Inc plans to reopen 68 U.S. stores on Monday in states that have loosened coronavirus lockdowns, the department store operator said on Thursday, as more retailers sought to get business going after a crushing month of closures.
— Reuters


Macy’s will reopen 68 stores Monday in states that have loosened lockdowns

Thursday, 30 April 2020, 15:41:31
Macy’s Inc on Thursday said it will reopen stores in Georgia, South Carolina, Oklahoma, Texas and Tennessee on Monday as more retailers seek to get business going after a brutal month of closures.
— Daily Mail Online


Macy’s to reopen 68 stores nationwide on Monday

Thursday, 30 April 2020, 11:25:48
Macy’s Inc. undefined will open 68 stores on Monday in states where the lockdown rules have been loosened, Chief Executive Jeff Gennette said in an interview…
— MarketWatch


BofA On A Possible Macy’s $5B Debt Raise: ‘Taking The Right Steps’

Monday, 27 April 2020, 15:51:36
CNBC reported last week that Macy’s Inc (NYSE: M ) was looking to issue as much as $5 billion in debt, backed by around $3 billion in inventory and between $1 billion and $2 billion of real estate. Given the massive decline in Macy’s sales, the move to seek additional financing to strengthen its balance sheet does not come as a surprise, according to BofA Securities. The Macy’s Analyst Lorraine Hutchinson maintained an Underperform rating on Macy’s with a $5 price target. The Macy’s Thesis BofA’s high-yield credit analyst Bill Reuter estimates that a part of this financing would replace the existing revolver draw of $1.5 billion, Hutchinson said … Full story available on Benzinga.com
— Benzinga Feeds


Why Major Retailers Like Foot Locker, Macy’s Aren’t Qualifying For Government Aid

Monday, 20 April 2020, 02:47:55
The list of national, well-known major retail brands that don’t qualify for government assistance includes Abercrombie & Fitch Co. (NYSE: ANF ), Bed Bath & Beyond Inc. (NASDAQ: BBBY ), Foot Locker, Inc. (NYSE: FL ), L Brands Inc (NYSE: LB ) and Macy’s Inc (NYSE: M ), among others, CNBC’s Courtney Reagan said Thursday on “Fast Money.” Retailers Could Be ‘Pushed To Insolvency’ Multiple retailers are being left out of the Fed’s credit facilities or the Treasury’s CARES act because their debt wasn’t investment-grade rated as of March 22, Reagan said. The National Retail Federation is in … Full story available on Benzinga.com
— Benzinga Feeds