Macy’s Stock Up 4x From March Lows, Can It Rally Further?

Macy’s stock, a department store chain, has rallied almost 4x from around $5 on March 23, 2020 (when broader markets made a bottom due to the spread of Covid-19) to $19 currently. After a share price collapse in March 2020, Macy’s stock remained deeply depressed through much of last year...