M is trading at $22.56 (+3.82%) following reports of accelerated restructuring and supply chain modernization aimed at capturing market share post-Saks bankruptcy.
- Analysts at Intellectia AI highlight a bullish shift in moving averages as the stock continues its rebound from yesterday's 3.53% gain to $21.73.
- Positive broader market sentiment provides additional tailwinds, with the S&P 500 trading up 0.45%.