Why Macy's Stock Jumped Nearly 10% on Friday [Yahoo! Finance]
Macy's Inc (M)
Last macy's inc earnings: 2/25 06:55 am
Check Earnings Report
US:NYSE Investor Relations:
macysinc.com/ir
Company Research
Source: Yahoo! Finance
Although Macy's itself has neither confirmed nor denied the report, in March it did confirm the receipt of a previous offer from the same consortium at a lower per-share price. The timing of the Independence Day holiday could be preventing the company's management from making a timely response. Not this team's first offer for Macy's The Wall Street Journal is largely responsible for today's surge, reporting after Wednesday's close that investment management companies Arkhouse Management and Brigade Capital Management are upping their joint bid to buy Macy's at $24.80 per share. The most recently reported bid is roughly 25% above the stock's present price, valuing the retailer at about $6.8 billion. Macy's has not publicly responded to the news. But the Journal 's report is credible in light of the history here. Last year's $5.8 billion bid from the same duo was rejected, as was March's effort to purchase all Macy's shares at $24 apiece. Then in April the department store chain a
Show less
Read more
Impact Snapshot
Event Time:
M
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
M alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
M alerts
High impacting Macy's Inc news events
Weekly update
A roundup of the hottest topics
M
News
- Levi Strauss Is Proof That Denim Is As Fashionable As Ever [Yahoo! Finance]Yahoo! Finance
- Amazon gears up for holiday season with plans for 250,000 US hires [Yahoo! Finance]Yahoo! Finance
- Why the Market Dipped But Macy's (M) Gained Today [Yahoo! Finance]Yahoo! Finance
- Nike's new CEO is good news—but the CFO will need to help steer a turnaround [Fortune]Fortune
- Full Speed Ahead - Bugatti Announces Latest Travel Gear Innovations and North American Expansion [Yahoo! Finance]Yahoo! Finance
M
Earnings
- 8/21/24 - Beat
M
Sec Filings
- 10/2/24 - Form 4
- 10/2/24 - Form 4
- 10/2/24 - Form 4
- M's page on the SEC website