Macy’s Plunges 17.68%: Are US Retailers in Real Trouble?

Article written by Joseph Young from CCN. Read full article here.

With an unprecedented 17.68 percent drop on Thursday, Macy’s may possibly fuel a short-term decline of all retailers in the United States. Following the plunge in the stock price of Macy’s, other major retailers in the likes of Target have started to demonstrate a lack of momentum from the strong corrective rally the U.S. stock

The post Macy’s Plunges 17.68%: Are US Retailers in Real Trouble? appeared first on CCN

CCN, .

Powered by WPeMatico