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Macy’s Gains Pre-Market as Berkshire Buys In — What’s Ahead for Traders
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Macy’s Gains Pre-Market as Berkshire Buys In — What’s Ahead for Traders
Macy’s shares rose in premarket trading after Berkshire Hathaway disclosed a new stake of 3.04 million shares, valued at about $55 million as of March 31. The stock closed Friday at $18.41 and last traded at $18.99 premarket with 128,170 shares exchanged. Macy’s will report first-quarter results on June 3. Tariffs, fuel costs, and weak discretionary spending remain risks for the retailer. The post Macy’s Gains Pre-Market as Berkshire Buys In — W…
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