HomeIndustriesRetailMacy's (M) Plunges Off Delayed Earnings, Homebuilder Downgrades
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Macy's (M) Plunges Off Delayed Earnings, Homebuilder Downgrades

Macy's (M) Plunges Off Delayed Earnings, Homebuilder Downgrades

Barclays downgraded four homebuilding companies over concerns the construction market could be hitting a new ceiling. Macy's (M) sold off after the company reported earnings, which were delayed due to an accounting employee creating $151 million in false bookkeeping entries. George Tsilis weighs the good and bad behind this morning's top movers.

Morning Trade Live

11 Dec 2024

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