MIK News and Press, The Michaels Companies Inc. From 05/27/20

The Michaels Companies, Inc. (Nasdaq: MIK) (the “Company”) today announced that, in light of public health and safety precautions related to the COVID-19 pandemic, including restrictions on in-person gatherings, the Company’s 2020 annual meeting of stockholders will be ch...

Shares of  Michaels Companies  (NASDAQ: MIK) were moving higher today for the second day in a row as the arts-and-crafts retailer got a boost from the market's rotation out of overbought growth stocks and into beaten down cyclical stocks like Michaels, which had sold off sharply with...

Retail stocks are outperforming as more stores open and reports on traffic indicate at least some moderate activity with shoppers amid social distancing rules. More news on: At Home Group Inc., The Container Store Group, Inc., Lands' End, Inc., Consumer stocks news, Stocks on the move, ...

Michael Burry is the investor whose story was made into The Big Short , and one of the most famous investors to come out of the global financial crisis. He runs Scion Asset Management. As Scion's assets under management are large enough to demand SEC fillings, we can get a once-per-quarter gl...

GameStop (NYSE: GME) , Foot Locker (NYSE: FL) , and The Michaels Companies (NASDAQ: MIK) plunged today with only Foot Locker avoiding a 10% intraday drop, after comments from Federal Reserve Chair Jerome Powell shook the markets. Retailers, among other hard-hit industries during the C...

As the late, great Kenny Rogers famously sung, in arguably his greatest song: The Gambler: You've got to know when to hold 'em. K now when to fold 'em. K now when to walk away. A nd know when to run. You never count your money w hen you're sittin' at the table, t here'll be time e...

Shares of Michaels   (NASDAQ: MIK) rose 88% in April 2020, according to data from S&P Global Market Intelligence . All told, the arts and crafts retailer has seen its share prices triple from the all-time lows it recorded in mid-March. The company had no substantial news to share u...

Shares of arts-and-crafts supplies retailer Michaels (NASDAQ: MIK) rose as much as 15.3% on Friday, peaking just before 3 p.m., EDT. On a generally positive day for the stock market as a whole, Michaels got an additional boost from an SEC filing that showed investment management firm Blac...

The Michaels Companies, Inc. (NASDAQ: MIK) today announced that the Company plans to report first quarter fiscal 2020 results on Thursday, June 4, 2020, before the opening of U.S. financial markets. In connection with the announcement, the Company will host a conference call at 8:00 a.m. CT o...

A few weeks ago I published the first article of a multi-part series on crisis investing. In that piece, we looked at the overall historical performance of the market and US small cap value in times of crisis. This was based on the Verdad Capital's paper entitled “Crisis Investing:...