Retail stocks (XRT -1.5%) are a mixed bag on the first day of trading following Black Friday....
Retail stocks (XRT -1.5%) are a mixed bag on the first day of trading following Black Friday. Though directionally, specialty sellers perceived as Black Friday winners such as Limited Brands (LTD +0.6%), Tilly's (TLYS +2.5%), Cache (CACH +2.8%), and Abercrombie & Fitch (ANF +0.4%) can be found, the overall trend is decliners outnumber gainers. One common theme for the day is a sluggish performance for department store stocks: Macy's (M) -3.6%, Nordstrom (JWN) -3.3%, Saks (SKS) -3.2%, J.C. Penney (JCP) -1.4%.
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