Macy's (M) is trading at $21.42, down 7.55%, experiencing a significant intraday decline that significantly outpaces the broader market weakness.
- The decline is currently unexplained, as no company-specific news, earnings, or events were found for today's session.
- The stock has experienced notable volatility, closing at $23.17 on January 9 before today's sharp drop.
- Broader market weakness is present (S&P 500 down 0.28%, Dow down 0.87%), suggesting sector-specific headwinds may be contributing to the severity of the drop in M.