MAC News and Press, Macerich Company From 07/24/21

U.S. equity markets rebounded from an early-week dive as investors shrugged-off COVID concerns following a historically strong start to corporate earnings season and better-than-expected housing market data. "American Exceptionalism" was the theme as COVID concerns across internationa...

U.S. equity markets retreated from record highs this past week, pressured by renewed COVID concerns and hotter-than-expected inflation data showing the fastest rise in consumer and producer prices in decades. The S&P 500 declined by 1.0% on the week while Mid-Caps and Small-Caps s...

Macerich is significantly undervalued if it can restore occupancy and lease spreads. One big risk, its credit line, has been addressed with at the market equity issuances, and a renegotiated revolver expiring in 3 years. If you believe the best malls have a future in society as ga...

Vera_Petrunina/iStock via Getty Images Macerich (MAC) stock gains 1.5% after Jefferies analyst Linda Tsai upgrades the mall REIT to Hold from Underperform as improvements appear sustainable in its better quality portfolio, alongside sector-wide reflation. In Q2, Macerich recast its ...

U.S. equity markets were mixed on a volatile holiday-shortened trading week as renewed concerns over the spread of COVID variants and downbeat economic data pulled global sovereign yields to five-month lows. Climbing for the third-straight week and closing at record highs, t...

Philippe Laffont’s 13F portfolio value decreased from $26.73B to $18.24B this quarter. Coatue Management increased Snowflake, Amazon.com, XPeng, and Li Auto while decreasing Walt Disney, Tesla, Square, and Peloton Interactive. The largest three positions are DoorDash, Snowf...

While concerns over the COVID-19 Delta variant and its potential to slow the recovery put pressure on the major U.S. stock averages, and retail stocks in particular, investors don't seem as worried over mall and hotel REITs.The big mall operators are mostly in the green: Simon Property G...

Macerich Schedules Second Quarter 2021 Earnings Release And Conference Call PR Newswire SANTA MONICA, Calif. , July 7, 2021 /PRNewswire/ -- WHAT : Macerich (NYSE: MAC) Schedules Second Quarter 2021 Earnings Release WHEN: Earnings Resul...

U.S. equity markets were mixed this past week as better-than-expected housing market data and "Goldilocks" employment data were offset by ongoing COVID concerns abroad over the "Delta" variant. Setting fresh record highs on seven straight days - the longest streak since 1997 - the S&a...

Real Estate Select Sector SPDR ETF (XLRE) closed the first half with a gain of 21.25%, outpacing SPDR S&P 500 Trust ETF gain of 14.4%. Real estate sector ended third among the eleven sectors ETFs, trailing energy, which gained 42.41% and financial sector, which gained 24.46% during H...