MIK News and Press, The Michaels Companies Inc. From 06/11/20

What comes up, must come down. That old axiom seems to be at work with The Michaels Companies (NASDAQ: MIK) . Earlier this week the stock was a scorcher, following a very bullish update from an analyst at J.P. Morgan. This momentum reversed on Thursday, with the stock of the arts-and-crafts ...

On Thursday, June 4 th , before market open, The Michaels Companies ( MIK ) reported an EPS loss of -$0.43 per share on revenues of $799.9 million, both substantially below the headline “consensus expectations” for $0.15 of EPS on $1.03 billion in revenue. The stock took off, clo...

Shares of The Michaels Companies (NASDAQ: MIK) soared on Monday. As of 1:38 p.m. EDT, the stock traded 51% higher based on a rosy analyst report. The arts and crafts retailer reported first-quarter results last Thursday, showing a 28% year-over-year revenue drop and a net loss of $0.43 per ...

Specialty retailers are notably higher as more stores open in the U.S. More news on: Tailored Brands, Inc., The Michaels Companies, Inc., Party City Holdco Inc., Consumer stocks news, Stocks on the move, Read more ...

Shares of The Michaels Company (NASDAQ: MIK)  are up sharply today after J.P. Morgan analyst Christopher Horvers upgraded the stock to overweight with a share price target of $13, up from a previous $7 target. The analyst believes the arts and crafts retailer has the best upside potent...

JPMorgan takes its rating on Michaels ( MIK +39.6% ) up to Overweight and adds it to the firm's U.S. Equity Analyst Focust List. More news on: The Michaels Companies, Inc., Consumer stocks news, Stocks on the move, Read more ...

Enochian Biosciences (NASDAQ: ENOB ) +277%  on advancement  of potential HIV cure. More news on: Enochian Biosciences Inc., SuperCom Ltd., Chesapeake Energy Corporation, Stocks on the move, , , Read more ...

Michaels ( MIK ) in essence is a very interesting specialty retail chain which has been cheap for a long time as investors fear the future of its business model in combination with a significant leverage position. This makes it ill-equipped to deal with the current crisis, if not for the rea...

Shares of  Michaels Companies  (NASDAQ: MIK) , the arts-and-crafts retailer, were gaining for the second day in a row today, this time lifted by the May employment report that smashed expectations and showed that economic recovery appears to be happening faster than expected. Today...

Shares of arts and crafts retailer The Michaels Companies (NASDAQ: MIK) shot up 27% in May, according to data from S&P Global Market Intelligence . Teen clothing store American Eagle Outfitters (NYSE: AEO) advanced 15%, while off-price retailer Burlington Stores (NYSE: BURL) ...