The optimism for what has been a very out-of-favor company seems to be due to the Commerce Department's latest set of retail sales data published that morning. In July, the data show, retail sales increased 1.2% over June. Read More...
Why Macy’s Rose as Much as 11% Higher on Friday
The optimism for what has been a very out-of-favor company seems to be due to the Commerce Department’s latest set of retail sales data published that morning. In July, the data show, retail sales increased 1.2% over June.
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