Macy's raises $4.5 billion to shore up funds as stores reopen, shares surge

“The high quality of our real estate portfolio positioned us well to execute this offering,” Chief Executive Officer Jeff Gennette said in a statement. Gennette said the funding gives the retailer sufficient flexibility and liquidity to steer the business for the foreseeable future. …read more

Source:: Yahoo Finance

Discover Tomorrow’s Winning Stocks!
Get our latest stock reports before everyone else! Actionable news, and breakout stocks w multi-bagger upside potential — delivered directly to your inbox.
Your privacy is our priority. Your email address will never be sold or shared with anyone else.