Macy's stock falls more than 7% after Citi downgrade amid buyout …

Dec 12, 2023  · Macy's Inc. shares fell 7.3% Tuesday after Citi downgraded the stock to sell from neutral amid a report that an investor group wants to take the department-store chain private …


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Macy's Stock Falls More Than 7% After Citi Downgrade Amid Buyout …

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Dec 12, 2023  · Macy's Inc. shares fell 7.3% Tuesday after Citi downgraded the stock to sell from neutral amid a report that an investor group wants to take the department-store chain private …

morningstar.com

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The Ratings Game: Macy’s Stock Falls More Than 7% After Citi …

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Citi is skeptical about the possibility of a Macy’s buyout. Enter your email address, and we’ll send you a link to reset your password.

financialjuice.com

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Macy's Stock Sinks As It Warns Underperforming Stores

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3 days ago  · Macy's shares tumbled nearly 7% Monday morning when the biggest U.S. department store chain warned fourth-quarter results would be negatively impacted by …

investopedia.com

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Macy's Stock Falls More Than 7% After Citi Downgrade Amid Buyout …

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Morningstar brands and products Company Get 7 Days Free

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Why Macy's (M) Shares Are Trading Lower Today - Yahoo Finance

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Shares of department store chain Macy’s (NYSE:M) fell 5.1% in the morning session after Citi analyst Paul Lejuez downgraded the stock's rating from Neutral to Sell and assigned a price …

yahoo.com

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Macy's Stock Drops As Citi Cuts To Sell, Skeptical If Takeover Will ...

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Dec 12, 2023  · Michael M. Santiago. Macy's (NYSE:M) fell 3% in premarket trading amid a downgrade to sell from Citi, as the analyst is skeptical that a reported $21 takeover offer will …

seekingalpha.com

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Macy's Just Isn't Good At Retail Anymore; Citi Downgrades To Sell

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Oct 30, 2017  · Shares of Macy's Inc (NYSE: M ) lost more than 2 percent Monday and hit a new 52-week low of $19.00 after analysts at Citi turned bearish on the company. The firm's Paul …

yahoo.com

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Why Macy's (M) Shares Are Trading Lower Today - StockStory

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Dec 12, 2023  · Shares of department store chain Macy’s (NYSE:M) fell 5.1% in the morning session after Citi analyst Paul Lejuez downgraded the stock's rating from Neutral to Sell and …

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Macy's Stock Sinks After Ending Buyout Talks - Crain's Chicago …

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Jul 16, 2024  · Macy’s decision to officially call off talks is the latest twist in a contentious saga that began with a $5.8 billion buyout offer from the investor group in December.

chicagobusiness.com

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Will The Stocks That Dominated Investors' Thinking In 2023 Stage A ...

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Dec 15, 2023  · More reaction and analysis: Macy's stock falls more than 7% after Citi downgrade amid buyout reportMacy's real estate alone is worth nearly $3 billion more than investors' bid, …

morningstar.com

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The Ratings Game: Macy’s Stock Falls More Than 3% - One News …

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Macy’s Inc. shares fell 3.6% Tuesday after Citi downgraded the stock to sell from neutral amid a report.. • World • One News Page: Tuesday, 12 December 2023

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Macy’s Stock Falls More Than 3% After Citi Downgrade Amid Buyout …

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Dec 12, 2023  · Macy’s stock falls more than 3% after Citi downgrade amid buyout report. Subscribe Now. My Account; Risk Management ... Macy’s stock falls more than 3% after Citi …

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The Ratings Game: Macy’s Stock Falls More Than 3% After Citi …

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12. December 2023 17:36. The Ratings Game: Macy’s stock falls more than 3% after Citi downgrade amid buyout report

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The Ratings Game: Macy’s Stock Falls More Than 3% After Citi …

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5.5K subscribers in the StonkFeed community. Stock Market News Feed for Idea Generation Best viewed on PC with Reddit Enhancement Suite Use an Auto…

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Macy’s Stock Falls More Than 3% After Citi Downgrade Amid Buyout …

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Dec 12, 2023  · Macy’s Inc. shares fell 3.6% Tuesday after Citi downgraded the stock to sell from neutral amid a report that an investor group wants to take the

overviewforex.com

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Macy's Shares Drop 10% Amid Accounting Irregularities And …

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Dec 11, 2024  · From $41 million a year ago, Macy's third-quarter net earnings dropped to $28 million; net sales dropped 2.4% to $4.7 billion. Attributed to one employee, the accounting …

yahoo.com

FAQs about Macy's stock falls more than 7% after Citi downgrade amid buyout … Coupon?

Why did Macy's stock fall 73% Tuesday?

Macy’s Inc. shares fell 7.3% Tuesday after Citi downgraded the stock to sell from neutral amid a report that an investor group wants to take the department-store chain private at $21 a share. The stock pulled back after ending Monday’s session up 19.4% following the buyout report. ...

Why did Macy's stock fall after Citi downgrade?

Macy's stock falls after Citi downgrades to sell due to skepticism over the success of a reported takeover offer and financing difficulties. ...

Why did Macy's stock fall 51% in the morning session?

Shares of department store chain Macy’s (NYSE:M) fell 5.1% in the morning session after Citi analyst Paul Lejuez downgraded the stock's rating from Neutral to Sell and assigned a price target of $14. The price target implied a potential 30% downside from where shares traded when the downgrade was announced. ...

Why did Macy's fall 3% in premarket trading?

Macy's ( NYSE: M) fell 3% in premarket trading amid a downgrade to sell from Citi, as the analyst is skeptical that a reported $21 takeover offer will be successful. ...

Is Macy's stock down?

As of Dec. 10, Macy's stock (NYSE: M) is down more than 42 percent year-to-date. The retailer's stock had its worst intraday decline since 2009 in November, with a drop of up to 15 percent. Also, the company missed its third-quarter expectations. ...

What has happened between Macy's and Citigroup?

Macy’s Inc. and Citigroup Inc. renewed their longtime credit-card partnership after months of renegotiations. As part of the deal, Citigroup will continue to offer payment services for Macy’s and Bloomingdale’s brands through March 2030, according to a statement from both companies. ...

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