Stocks to Watch Friday: Macy's, Coinbase, Glencore
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An investor group has raised its offer for Macy’s, the department-store chain, for the second time. The revised offer has prompted a slight increase in the company’s shares during off-hours trading.
Coinbase and Robinhood Stocks Slide
Coinbase, the cryptocurrency exchange, witnessed a more than 6% drop in its stock during premarket trading. This decline can be attributed to the fall in the price of bitcoin, which slipped below $55,000. Similarly, shares of Robinhood Markets, an online brokerage firm, also experienced a decline.