M - Macy's, Inc.

NYSE - NYSE Delayed Price. Currency in USD
-0.31 (-1.97%)
At close: 4:03PM EDT
Stock chart is not supported by your current browser
Previous Close15.72
Bid15.22 x 1000
Ask0.00 x 1800
Day's Range15.32 - 15.94
52 Week Range14.20 - 38.35
Avg. Volume12,086,404
Market Cap4.76B
Beta (3Y Monthly)0.73
PE Ratio (TTM)4.69
EPS (TTM)3.29
Earnings DateNov 21, 2019
Forward Dividend & Yield1.51 (9.61%)
Ex-Dividend Date2019-09-12
1y Target Est18.53
Trade prices are not sourced from all markets
  • Macy's (M) Dips More Than Broader Markets: What You Should Know

    Macy's (M) Dips More Than Broader Markets: What You Should Know

    In the latest trading session, Macy's (M) closed at $15.41, marking a -1.97% move from the previous day.

  • Nike (NKE) Q1 2020 Earnings Preview: North America, China and More

    Nike (NKE) Q1 2020 Earnings Preview: North America, China and More

    Nike (NKE) is set to report its first-quarter fiscal 2020 financial results after the closing bell on Tuesday, September 24. So let's see what investors should expect from the sportswear powerhouse...

  • Benzinga

    11 Most Aggressively Shorted Stocks

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  • Will Retailers Raise a Toast This Holiday Despite the Glum?

    Will Retailers Raise a Toast This Holiday Despite the Glum?

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  • Tariffs Cast a Pall Over Retail: 5 Stocks on Alert

    Tariffs Cast a Pall Over Retail: 5 Stocks on Alert

    The List 4 tariffs sparked concerns for the retail sector and American consumers making everyday goods expensive. Some retailers lowered outlooks for the current year due to the tariff woes.

  • Reuters

    FOCUS-Garments for lease: 'rental' apparel brings new wrinkles for retail stores

    MADRID/NEW YORK, Sept 18 (Reuters) - Lisa Batitto, 54, says she has virtually stopped buying clothes ever since she started renting them. The New Jersey-based museum publicist spends $277 a month on three subscriptions, including one from New York & Company, a women's mid-price clothing chain with hundreds of U.S. stores. From New York & Company, owned by RTW Retailwinds Inc. , to Bloomingdale's and Banana Republic of Gap Inc. , more retailers are offering to lend out their clothing for a monthly rental rate.

  • Macy's is having a really awful year
    Yahoo Finance

    Macy's is having a really awful year

    The numbers say it all when it comes to the year department store retailer Macy's is having.

  • Brick-and-Mortar Retailers Could Offer Profitable Short Sales

    Brick-and-Mortar Retailers Could Offer Profitable Short Sales

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  • Wait for More Clarity on Macy’s Stock

    Wait for More Clarity on Macy’s Stock

    It has been a rough few years for mall retail stalwart Macy's (NYSE:M) and M stock. Once the center of the American retail landscape by virtue of being at the center of every mall in America, Macy's has since become increasingly less relevant in the American retail landscape it used to dominate.Source: Shutterstock You can thank e-commerce for that. Long story short, e-commerce disrupted the traditional retail world, Macy's failed to adapt quickly enough, and is now left with a bunch of stores that aren't as busy as they used to be, and an e-commerce business that isn't as big as it should be. * 7 Momentum Stocks to Buy On the Dip The numbers speak for themselves. Over the past five years, Macy's revenues have dropped 10%, Macy's operating profits have dropped 50%, and Macy's stock has dropped 70%.InvestorPlace - Stock Market News, Stock Advice & Trading TipsWill the slide ever end? Maybe. There is a potential path forward here wherein Macy's sales and margin stabilize, leading to a breakout rally in M stock. But, this path lacks visibility at the current moment. Instead, the most likely path forward here is continued weakness in the numbers and in shares.The implication? Don't count out Macy's stock yet, but don't count it in, either. Instead, monitor the stock from the sidelines, and see how things progress over the next few quarters. Macy's Stock Could Breakout HigherThere is a potential pathway wherein Macy's stock soars from current levels, and that pathway was outlined in an investor presentation management gave at the Goldman Sachs Annual Global Retail Conference in early September.The strategy is simple. Use technology to optimize the supply chain, and lower logistics expenses. Leverage data to reduce promotional activity, and grow gross margins. Refresh stores to be more tech-savvy and less labor-dependent, thereby reducing labor expenses and stabilizing sales. Increase usage of private label brands, so as to create a differentiated product value prop which also helps stabilize sales trends.To be sure, doing all of that is a tall order. But it's doable. And, if management does manage to do all of that, Macy's stock could explode higher from here.Here are the numbers: Net revenues are around $25 billion and dropping. Best case scenario, better product SKUs, a more attractive store presentation, and heavier usage of private label brands drives sales stabilization over the next several years. At the same time, gross margins -- which are at 39% and dropping -- improve as promotional activity becomes smarter and less prevalent, and the supply chain becomes more efficient. Labor expense reduction pulls out unnecessary SG&A dollars, and the opex rate somewhat stabilizes around 36%.Fast forward to 2025. Macy's could be looking at $25 billion in revenues, with 39% gross margins and a 36% opex rate. Ultimately, that makes right around $3 in EPS seem doable by then. Even if you throw just a conservative 10-times forward multiple on that $3 EPS estimate, that implies a 2024 price target for M stock of $30 -- almost double today's price tag. Secular Challenges Remain for M StockThe problem with the bull thesis on Macy's stock today is that secular challenges cloud visibility towards a $30 price tag for M stock.What are those secular challenges? First and foremost, it appears the retail world has moved on from Macy's. Right now, the consumer environment is as healthy as possible -- low unemployment, big wage gains, low rates, good credit, etc. Yet, Macy's reported comparable sales growth of just 0.3% last quarter. That's awful considering the backdrop, and it is broadly indicative of the fact that while consumers are spending money, they aren't spending money at Macy's.Second, Macy's is in a tough position where it may be tough to become relevant again. Other retailers have clear and differentiated value props. Nordstrom (NYSE:JWN), for example, is the premium fashion mall retailer. Kohl's (NYSE:KSS), meanwhile, has off-price, off-mall appeal. Best Buy (NYSE:BBY) gives customers quasi-necessary, in-store advice on the latest tech gadgets.What is Macy's differentiated value prop? Tough to say. They are somewhat stuck in the middle ground between premium fashion and off price, and don't really offer customers all that much that is unique to Macy's. Until they do, it could be tough for Macy's to improve traffic trends.Third, management is all about reducing promotional activity. That's a smart move. But, right now, it looks like promotions are the only thing driving traffic into Macy's stores. Thus, reduced promotional activity could have a materially negative impact on sales, which could result in continued profit erosion despite margin improvement.Big picture: there are still big secular challenges here, none of which have been have been fixed, yet. Until they do get fixed, it is probably best to avoid M stock. Bottom Line on M StockThe retail environment has changed dramatically over the past several years, as customers and sales have migrated in bulk into the digital channel. Some traditional retailers will survive this migration. Some traditional retailers will not.Right now, Macy's is having a tough time convincing investors that it will wind up in the first group. Until they do, it's probably best to avoid M stock despite its home run potential in the long run.As of this writing, Luke Lango did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Momentum Stocks to Buy On the Dip * 7 Dow Titans Breaking Higher * 5 Growth Stocks to Sell as Rates Move Higher The post Wait for More Clarity on Macy's Stock appeared first on InvestorPlace.

  • MarketWatch

    Macy's searching for a new CEO for Bluemercury

    Macy's Inc. says it is looking both internally and externally for a new chief executive for its beauty chain Bluemercury. Barry Beck, one of Bluemercury's founders and its chief operating officer, will leave the company on September 20 for an entrepreneurial venture, according to a Macy's statement. Co-founder Marla Beck, Bluemercury's CEO, will stay on through a transition period. Bluemercury, which was founded 20 years ago, became part of Macy's in 2015. Macy's stock has tumbled more than 50% over the last year while the S&P 500 index has gained 3.8% for the period.

  • Macy’s Bluemercury leaders exit
    American City Business Journals

    Macy’s Bluemercury leaders exit

    The leaders of one of Macy’s Inc.’s divisions are leaving their roles four years after their retail concept was acquired by the company.

  • Moody's

    Wells Fargo Commercial Mortgage Trust 2016-C35 -- Moody's affirms eight classes of WFCM 2016-C35

    Moody's rating action reflects a base expected loss of 5.7% of the current pooled balance, compared to 4.9% at Moody's last review. Exceptions to this approach exist for the following disclosures, if applicable to jurisdiction: Ancillary Services, Disclosure to rated entity, Disclosure from rated entity.

  • Business Wire

    Macy’s, Inc. Announces Transition of Bluemercury Founders Marla and Barry Beck

    Macy’s, Inc. (NYSE:M) today announced that Marla and Barry Beck, founders of Bluemercury, Inc. and creators of M-61 Skincare and Lune+Aster Cosmetics, will transition from the company. Barry Beck, Bluemercury’s chief operating officer, will step down effective September 20, 2019, to pursue a new entrepreneurial venture. Marla Beck, Bluemercury’s chief executive officer, will stay with Bluemercury and continue to lead the business during a transition period.

  • Buy Nordstrom Stock, But Not Because of Its Low Valuation

    Buy Nordstrom Stock, But Not Because of Its Low Valuation

    Nordstrom (NYSE:JWN) stock has suddenly moved into rebound mode. After hitting a multi-year low of around $25 per share, the stock has surged over the last few weeks, taking Nordstrom stock to almost $35 per share.Source: Jonathan Weiss / Shutterstock.com JWN remains far away from delivering impressive profit growth, and its low multiple may not persuade investors to buy after the recent run-up. Still, it has become a lucrative choice for an unexpected group -- dividend investors. Nordstrom's Amazing TurnaroundNordstrom stock has seen an impressive run since it announced an earnings beat on Aug. 21. The report began a rally that has taken JWN stock higher by about 40% in less than a month. Positive developments on trade talks with China have further fueled the rally.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 10 Big IPO Stocks From 2019 to Watch Yes, amid the Amazon (NASDAQ:AMZN) threat, JWN and peers such as JCPenney (NYSE:JCP), Kohl's (NYSE:KSS) and Macy's (NYSE:M) have faced challenges over the last few years. As late as 2015, Nordstrom stock traded at over $83 per share. However, fears of Amazon and factors such as the trade war have helped send JWN to recent lows of around $25 per share.While the competition spelled bankruptcy for Sears (OTCMKTS:SHLDQ) and could for JCPenney, Nordstrom has found a way to remain relevant in a retail environment increasingly moving online. As a result, we now see a turnaround in Nordstrom stock.Even with the huge run-up, the forward price-to-earnings ratio stands at about 10.4. That does not seem expensive. Also, it has maintained an average P/E ratio of around 18.7 over the previous five years and such multiples usually signal a strong long-term buy. Dividends Have Become the Draw for JWNStill, looking at profits, one has to wonder if Nordstrom stock will face more permanent multiple compression. Analysts predict profits will shrink by 8.6% this year. For next year, Wall Street forecasts an increase of only 3.3%. It also predicts long-term earnings increases of 3.68% per year over the next five years. Given the slow pace of profit growth, the low P/E ratio alone would not persuade me to buy Nordstrom stock.However, I see a reason for dividend investors to buy stock in JWN. The silver lining in the long-time decline in JWN stock is the rising dividend yield. As late as 2014, JWN investors earned 1.22% in dividends. At that time, investors received $1.32 per share. The annual payout now stands at $1.48 per share and has remained at that level since 2016.Still, despite a modest increase, the yield has now risen to just over 4.3%. And it remains there despite the massive increase in the stock over the last month.To be sure, this payout presents somewhat of a burden. With a dividend payout ratio of 49.33%, the payout claims nearly half of the company's profits. Still, with growth returning, the company has no reason to put the stock at risk by cutting the dividend. Moreover, even with only 3%-plus profit growth, the payout ratio will fall over time. Final Thoughts on Nordstrom StockNordstrom stock should continue to rise over time, but not for a reason many would expect. Yes, the forward P/E of 10.4 looks cheap, both by S&P 500 and even by JWN standards. However, with profit growth expected to remain in the low-single-digits for years into the future, the P/E may not return to long-term averages of around 18.7.Still, the long-term decline in Nordstrom stock has led to an unexpected result -- a high dividend yield. JWN has become a well-suited vehicle for producing a cash return exceeding both the S&P 500 and most any bank deposit. Moreover, with a P/E ratio that remains low, they should receive the added benefit of a rising stock price.For retail investors wanting both growth and income, JWN stock may have just become the equity of choice.As of this writing, Will Healy did not hold a position in any of the aforementioned stocks. You can follow Will on Twitter at @HealyWriting. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Big IPO Stocks From 2019 to Watch * 7 Discount Retail Stocks to Buy for a Recession * 7 Stocks to Buy Benefiting From Millennial Money The post Buy Nordstrom Stock, But Not Because of Its Low Valuation appeared first on InvestorPlace.

  • Why Is Macy's (M) Up 5.2% Since Last Earnings Report?

    Why Is Macy's (M) Up 5.2% Since Last Earnings Report?

    Macy's (M) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

  • 7 Discount Retail Stocks to Buy for a Recession

    7 Discount Retail Stocks to Buy for a Recession

    Closing out the first week of September, the benchmark indices finally started to gain some positive momentum. Although encouraging in the nearer term, overall, I don't find the moves that impressive. With Wall Street lacking the holistic energy to push the indices to fresh heights, I believe investors are better served acting defensively. As such, retail stocks to buy provide an intriguing mix of protection and upside potential.But at first glance, retail stocks seem like a sector to avoid like the plague. If our economy stumbles into a recession - and the latest jobs report suggests this is a very real possibility - the natural instinct is to curb unnecessary spending. Thus, it's no surprise that many discretionary retail stocks, such as Macy's (NYSE:M) and JC Penney (NYSE:JCP) have suffered volatility.That said, this segment isn't about people making superfluous purchases on a whim. Instead, many retail stocks to buy enjoy secular revenue streams. For instance, no matter what goes on in the economy, people have to live and work. Therefore, retailers who specialize in core products, accessories or apparel may see a spike in interest.InvestorPlace - Stock Market News, Stock Advice & Trading TipsMoreover, some retail stocks might thrive in a recession. During a bull market, confident consumers will probably eschew discount stores for something higher brow. But in a recession, discount stores might see customers that they normally wouldn't see. * 7 Stocks to Buy In a Flat Market If we do have a downturn, it's important not to lump all retail stocks together. Here are seven stocks to buy if we encounter choppy waters. Dollar Tree (DLTR)Source: Shutterstock Among discount retail stocks to buy, Dollar Tree (NASDAQ:DLTR) is one of the most well-known. From household goods to cleaning products to various food items, everything you see costs a buck. Not only that, DLTR stock has a proven track record for performing brilliantly during distressed economic times.For example, since 2008, the market value for DLTR stock has increased roughly tenfold. Additionally, we could see even bigger gains if we suffer another downturn. Recently, Dollar Tree upgraded its guidance for full-year earnings per share from a range between $4.77 to $5.07 to between $4.90 to $5.11. Management also narrowed down its expectations for full-year revenue.Much of this enthusiasm has to do with same-store sales exceeding analysts' forecasts. While I'd tactically like to wait to see if DLTR stock will correct some of its extreme bullishness, in the longer run, I'm confident in the upswing. This is a company that's going to give customers exactly what they need at a price they can afford. Dollar General (DG)Source: Jonathan Weiss / Shutterstock.com While several publicly traded companies suffered a bloody month of August, Dollar General (NYES:DG) went completely against the grain. Last month, DG stock gained a little over 18%. Even in September, Dollar General has so far returned nearly 4%.And on a year-to-date basis, DG stock has veritably skyrocketed, up over 51%. Even better for stakeholders, the surge in market value appears fundamentally justified.As with Dollar Tree, Dollar General increased its earnings and revenue expectations for the year. Also, the discount retailer experienced an unexpectedly strong lift in same-store sales. That it was also able to beat expectations for its most recent earnings report gave investors little choice: it was time to buy into DG shares, which has proven to be among the most resilient of discount retail stocks. * 10 Battered Tech Stocks to Buy Now Of course, with such massive enthusiasm, I think waiting a little bit for a discount (ironically enough) on DG stock is wise. But if you do see a dip, the longer-term narrative is very intriguing, especially in a recession. Kroger (KR)Source: Jonathan Weiss / Shutterstock.com Normally, most folks wouldn't consider Kroger (NYSE:KR) as a name among discount retail stocks to buy. As one of the top grocers in the country, Kroger offers a wide variety of products, including premium labels. Plus, I can't help but notice that some of their stores are located in very swanky neighborhoods.That said, if we fall into an economic slump, KR stock will act like a discount retailer. Primarily, I say this because Kroger will almost surely soak up demand from the restaurant industry. While restaurants won't fade entirely, customers become more cost-conscious in a downturn. There's no point in spending on sometimes outrageous premiums when you can enjoy good food from home. Undeniably, this is a positive for KR stock.Further, Kroger has its own in-house food and beverages brands. Sure, you can call this high-level knockoffs. But I must admit that Kroger-branded products are very tasty. For instance, I buy their potato chips, which are cheaper, larger sized, and taste just as good as the competition. In a recession, that is the formula for success, which is why you should consider KR stock. Five Below (FIVE)Source: Jonathan Weiss / Shutterstock.com Although the concept of discount retail stocks to buy during a market decline makes sense, I must concede one thing: at the consumer level, most discount retailers are depressing affairs. However, Five Below (NASDAQ:FIVE) has completely changed perceptions about thrift shops. With its bright, bold colors and compelling marketing campaigns, FIVE stock has serious potential.Part of that comes from its core demographics. According to the company's website, Five Below is the only retailer dedicated to teens and tweens. Of course, that usually entails opening up their parents' wallets. Typically, this endeavor results in the usual teen-parent conflict. But with prices so low - everything is between $1 to $5 - this is a rare area of consensus, supporting the case for FIVE stock. * 10 Stocks to Sell in Market-Cursed September Furthermore, I'm very impressed with the company's holistic approach to their marketing and branding message. Not only do they have comprehensive social media coverage, but they're actively engaging their accounts. For instance, their YouTube channel features celebrity guests that incorporate Five Below-sold products into the media presentations. That kind of smart thinking will probably see FIVE stock perform well in rough economic waters. Ross Stores (ROST)Source: Andriy Blokhin / Shutterstock.com At first glance, Ross Stores (NASDAQ:ROST) seems like an anomaly among the apparel-based retail stocks. Just take a look at well-known apparel makers, such as Gap (NYSE:GPS) or Guess (NYSE:GES). Their shares have incurred significant volatility, marked by bouts of extreme wildness. In sharp contrast, ROST stock has enjoyed a relatively stable move northward.But in the context of the current economic uncertainty, I'm not surprised that ROST stock has performed well this year. Even with the U.S.-China trade war threatening to hike apparel prices, the reality is that people need clothes. And while Ross will certainly take a hit to their margins, other non-discount retailers will suffer worse.With that said, I think you can make a tactical argument not to dive too deeply right now. Currently, ROST stock is sitting on over 35% YTD. If the broader markets get jittery, ROST is liable for a correction. Still, in the long run, I'd pay very close attention to this name if economic conditions don't improve. Ollie's Bargain Outlet (OLLI)Source: Shutterstock A few years back when I started writing about Ollie's Bargain Outlet (NASDAQ:OLLI), it was on a roll. Growth was meteoric, which drove up the market value of OLLI stock. When you consider that shares were priced under $20 for much of 2015, this is one of the most explosive retail stocks.But in recent weeks, explosive has a different connotation. Now, investors are no longer considering Ollie's as one of the stocks to buy, but instead to dump. Late last month, the company released its Q2 earnings report, and the news wasn't encouraging.Although the discount retailer reported double-digit sales growth, it witnessed a deceleration of same-store sales. Management blamed it on new store introductions' cannibalization effect. However, Wall Street saw the decline as Ollie's inability to perform under a strained environment. As a result, investors pummeled OLLI stock. * 7 Worst Stocks That Flopped This Earnings Season Possibly heading into a recession, I understand why investors are nervous. However, let's keep in mind that the retailer is called Ollie's Bargain Outlet, not Olivier's Chateau of Overpriced European Trinkets. If we have a downturn, OLLI stock has the potential to outperform. And sure enough, it's now on a steep discount. Big Lots (BIG)Source: Jonathan Weiss / Shutterstock.com Big-box retailer Big Lots (NYSE:BIG) probably hasn't been included in a list of retail stocks to buy for some time. Frankly, that's for good reason. In January of last year, the markets priced BIG stock into the stratosphere at over $60. Today, shares are trading hands for less than $25.Unfortunately, Big Lots consistently delivered poor earnings results throughout 2018. Not only that, management cut guidance, which exacerbated the issue. Throw in an executive shuffle with a new CEO, and the retailer looked more frazzled than confident about tackling a new challenge. As a result, BIG stock took it on the chin.As it stands, BIG stock is easily one of the most speculative retail stocks available. However, I can't help but feel a recession could actually help turn things around. Big Lots has many of the same characteristics of popular Costco (NASDAQ:COST). The one exception, of course, is that Big Lots has no membership dues, and their rewards program is also free.As of this writing, Josh Enomoto did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Deeply Discounted Energy Stocks to Buy * 7 Stocks to Buy In a Flat Market * 10 Stocks to Buy to Ride China's Emerging Wealth The post 7 Discount Retail Stocks to Buy for a Recession appeared first on InvestorPlace.

  • Buy Nike Stock Ahead of Q1 Earnings, Amid LULU & Adidas Competition?

    Buy Nike Stock Ahead of Q1 Earnings, Amid LULU & Adidas Competition?

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  • Macy's overhauls the way it handles diversity
    American City Business Journals

    Macy's overhauls the way it handles diversity

    Retail giant Macy's Inc., with headquarters in Cincinnati and New York, is overhauling how the company tackles diversity, which it says will help it reflect its customers and the communities it serves.

  • MarketWatch

    Macy's sets 30% goal by 2025 for diversity at the senior director level or above

    Macy's Inc. unveiled a diversity and inclusion plan on Tuesday that includes a goal of 30% diversity at the senior director level or above by 2025. The department store retailer has created a yearlong program, MOSAIC, to strengthen leadership skills among managers and directors of African-American, Latinx, Native American and Asian descent. Macy's has also updated its customer bill of rights, says it will require 50% representation across the spectrum of age, gender, ethnicity and "differently-abled" subjects in its advertising by 2020, and achieve a spend of at least 5% by 2021 across a more diverse set of suppliers. Macy's released its latest sustainability report on Tuesday with goals for 2025 across environmental, social and governance issues. Macy's stock is up 2.5% in Tuesday trading, but down 58% over the last year. The S&P 500 index has gained 3% over the past 12 months.

  • Macy’s Celebrates Hispanic Heritage Month by Embracing Unity Through the Art, Music, and Fashion of Latinx Creators
    Business Wire

    Macy’s Celebrates Hispanic Heritage Month by Embracing Unity Through the Art, Music, and Fashion of Latinx Creators

    Special appearances by Grammy winners Jesse & Joy, musical talent Amara La Negra, Buzzfeed’s Curly Velasquez, Grammy nominated Los Rakas, and comedian and actor Cheech Marin

  • Business Wire

    Macy’s, Inc. Creates Bold Vision To Advance Diversity and Inclusion and Ensure The Company Reflects The Diversity Of The Customers and Communities Served

    Macy’s, Inc. (NYSE:M) today announced a five-point approach to further ensure the company reflects the diversity of the customers and communities it serves. As part of this effort, the company has set goals and outlined specific strategies to increase its impact. “At Macy’s, diversity and inclusion are essential to our culture and core values.

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    Motley Fool

    Will PREIT's Worst Malls Die -- or Will They Evolve?

    The mall REIT has had to move aggressively to save lower-performing malls that can be revitalized, while cutting others loose.

  • TheStreet.com

    Macy's Shares Higher as Retailer Rolls Out Diversity Plan

    The Cincinnati retailer also said that by 2020 it would require half of all models in its ads to represent `gender/gender identity, ethnicity, age, size and differently abled subjects.'

  • Buy Lululemon (LULU) Stock at New Highs on Digital & Menswear Growth?

    Buy Lululemon (LULU) Stock at New Highs on Digital & Menswear Growth?

    Breaking down Lululemon's (LULU) Q2 2019 financial results that wowed Wall Street last week. And why Lulu stock looks like a buy as it expands its digital, international, and menswear businesses to further challenge Nike (NKE) - Full-Court Finance.

  • Tech stocks weigh on sliding market
    Yahoo Finance Video

    Tech stocks weigh on sliding market

    U.S. stocks are sliding today, with tech dragging on the NASDAQ, and one strategist is saying this could be a sign of things to come. Baird PWM Market Strategist Michael Antonelli joins Yahoo Finance's Adam Shapiro and Julie Hyman, along with Bryn Mawr Trust Wealth Management Chief Investment Officer Jeff Mills, to discuss.