Macy’s stock slides as retailer warns Q4 sales could be weaker than expected - MarketWatch
1. Macy's shares fell 7.3% due to weak fourth-quarter sales outlook. 2. Sales expected to be at or slightly below the low forecast. 3. This marks the largest decline for Macy's since August 21. 4. M's decline is concerning for investor sentiment and future earnings. 5. Market data indicates a significant reaction to the sales news.