Thread regarding Macy's Inc. layoffs

Macys stock

There has been a lot of activity in the stock price. Wondering if there is a sale of the company? Just curious.

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| 1332 views | | 3 replies (last January 29, 2021) | Reply
Post ID: @OP+197JMopL

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Some of the price action in the stock may have nothing to do with actual performance and may be a reflection of "Shorting" in the stock market. This is happening to a number of retailers such as Gamestop.
Macy's has a short interest of 28.6% and it was a little higher a little while ago. Maybe a little "short squeeze" going on here. Gamestop's "short interest" was up to 140%.

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Post ID: @2ddh+197JMopL

Nope. Just the market on a rally pumping dumb companies

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Post ID: @1gph+197JMopL

I think its a combination of OMNI doing exceptionally well and the huge amounts of job cuts and closures looming. The insiders are well aware of whats going on and will buy now before the prices surge even more. Be prepared to work even harder.

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Post ID: @1uhx+197JMopL

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