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M - Why Some Brick-and-Mortar Retail Stocks Are Falling Today
Macy's Inc
Shares of several brick-and-mortar retail chains opened lower on Wednesday, as investor concerns about the impact of extended store closings were magnified following a Reuters report that J.C. Penney (NYSE: JCP) is considering bankruptcy.
Here's where things stood for these four stocks as of 10:30 a.m. EDT today, relative to their closing prices on Tuesday:
How long can Kohl's hold out with its physical stores closed? Investors aren't liking the answer. Image source: Kohl's.