SNN - Macy's Koss And Other Big Stocks Moving Higher On Friday | Benzinga
U.S. stocks were mixed, with the Dow Jones index falling around 90 points on Friday.
Shares of Macy’s, Inc. (NYSE:M) rose sharply during Friday's session.
An investor group aiming to purchase Macy's has reportedly increased its bid for the second time after previous offers failed. Arkhouse Management and Brigade Capital Management recently raised their proposal by approximately $300 million, reported The Wall Street Journal.
Macy’s shares jumped 10.4% to $19.79 on Friday.
Here are some other big stocks recording gains in today’s session.
- Koss Corporation (NASDAQ:KOSS) shares gained 41.7% to $15.07, possibly on continued retail investor ...