M - What's Going On With Macy's Stock? | Benzinga
Macy's Inc (NYSE: M) shares are trading higher by 7.9% to $12.66 Wednesday morning. Retail stocks are trading higher in sympathy with Target Corp, which reported better-than-expected third-quarter financial results.
What Happened With Target?
Target's third-quarter FY23 sales dipped by 4.22% to $25.398 billion, slightly exceeding the expected $25.31 billion. Comparable sales fell by 4.9%, with store sales down 4.6% and digital sales down ...