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U.S. stock futures were higher this morning, with the S&P 500 futures gaining around 0.2% on Wednesday.
Shares of Macy’s, Inc. (NYSE:M) fell sharply in today's pre-market trading after reporting weak second-quarter sales results.
Macy’s reported quarterly earnings of 53 cents per share which beat the analyst consensus estimate of 29 cents per share. The company reported quarterly sales of $4.937 billion which missed the analyst consensus estimate of $5.118 billion.
Macy’s shares dipped 9.4% to $16.08 in pre-market trading.
Here are some big stocks recording losses in today's pre-market trading session.
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