Macy’s stock jumps nearly 6% — here’s what traders are watching next
Macy’s stock was flat in premarket trading Tuesday after jumping 5.84% to $21.19 on Monday, lifted by strong U.S. factory data. About 8 million shares traded hands, in line with average volume. Investors await Macy’s early March earnings for updates on demand and margins as the company continues its turnaround and store closures.