Macy’s (M) Takeover, Bullish On CRWD, Bearish On BABA, WMT

Arkhouse Management and Brigade Capital presented an offer to Macy’s (M) on December 1st. The bid values the company at $21 per share. Macy’s surges on the $5.8B takeover report. Melissa Armo discusses this and watches the markets ahead of this week’s Fed meeting. She then goes over her bullish stock to watch, Crowdstrike (CRWD) and her bearish stocks to watch which include Alibaba (BABA) and Walmart (WMT). Tune in to find out more about the stock market today.

Trading 360

11 Dec 2023

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