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Tremblant Capital Group Holding in Macys INC (Call) (M) Lowered as Share Price Declined

The hedge fund held 122,800 shares of the department and specialty retail stores company at the end of 2019Q1, valued at $2.68M, down from 997,500 at the end of the previous reported quarter. Macy's, Inc. (NYSE:M) has declined 43.56% since August 4, 2018 and is downtrending. Tremblant Capital Group, which manages about $3.75 billion and $2.26 billion US Long portfolio, upped its stake in Transdigm Group Inc (NYSE:TDG) by 99,419 shares to 165,019 shares, valued at $42.19M in 2019Q1, according to the filing. More notable recent Macy's, Inc. (NYSE:M) news were published by: Bizjournals.com which released: “PGE set to build $200M operations center in Tualatin – Portland Business Journal” on August 02, 2019, also Benzinga.com with their article: “NiSource To Pay $143M Settlement For Merrimack Valley Incident – Benzinga” published on July 29, 2019, Schaeffersresearch.com published: “History Says This May Be a Retail Stock to Sell – Schaeffers Research” on July 15, 2019.

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