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Macy's Inc. (M) Has Surged To An 11-Month High On Q4 Results

Macy's Inc. (M) reported fourth quarter adjusted EPS of $2.82 Tuesday morning, which topped the consensus estimate of $2.71.

Macy's has gapped open sharply higher Tuesday morning and is now up 3.15 at $30.60 in early trade. The stock has surged to over an 11-month high.

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