Macy’s, Inc. (M) shares gained 8.01% today (2023-12-01). 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 8.01% (or 1.27 points) to $17.13 from its previous close of $15.86. So is it the right moment to buy?
Read more: Macy’s, Inc. (M) shares gained 8.01% today (2023-12-01). Is it the right time to buy?