Macy’s, Inc. (M) shares gained 7.50% today (2023-11-15). Is it the right time to buy?

What’s happening at Macy’s, Inc. (NYSE:M)? What made the stock one of the top performing stock today? The company is indeed among the top gainers of the stock market, skyrocketing 7.50% (or 0.88 points) to $12.61 from its previous close of $11.73. So is it the right moment to buy?
Read more: Macy’s, Inc. (M) shares gained 7.50% today (2023-11-15). Is it the right time to buy?