Macy's (M) Increases Yet Falls Behind Market: What Investors Need to Know

Macy's (M) closed at $12.42 in the latest trading session, marking a +0.65% move from the prior day. This change lagged the S&P 500's 0.73% gain on the day. Meanwhile, the Dow experienced a drop of 0.64%, and the technology-dominated Nasdaq saw an increase of 1.61%.Coming into today, shares of the department store operator had gained 9.01% in the past month. In that same time, the Retail-Wholesale sector gained 9.91%, while the S&P 500 gained 9.07%.The investment community will be closely monitoring the per ...