Macy's Reports; Palo Alto Drops; GameStop Historic Profit
On this episode of Stock Movers:- Macy's (M) shares are on the move after it lifted its sales outlook for the year, a sign that the company’s focus on growing its luxury business and improving its assortment is paying off. - Palo Alto (PANW) shares are dropping as the security software company reported results following a 61% year-to-date rally. The company reported third-quarter results that beat the average analyst expectation and raised its full-year forecast for key metrics, but failed to meet elevated buyside expectations.- GameStop (GME) shares are climbing after the video-game…
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