Poor Macy's. Its stock plummeted more than 10% even though the earning exceeded the expectation.
The outlook does not look good for Macy's. It recently just announced that it was going to close 1,000 stores. That didn't give anyone any reason to be upbeat about the stock prices.
Subscribe to:
Post Comments (Atom)
Is It Just a Matter of Time for Stocks to Go Badly?
Technically, it does look the time for stocks to go south is near. It is just a matter of when. From the PE perspective, the current PE i...


No comments:
Post a Comment