Stock market update for January 22, 2024.
- Macy’s Rejects $5.8 Billion Takeover Offer From Investors (Bloomberg)
- Arena Group’s stock plummets over 30% after losing rights to Sports Illustrated, laying off staff (MarketWatch)
- Spirit Airlines shares extend rebound after it appeals ruling blocking JetBlue merger (CNBC)
- Archer Daniels Stock Sinks as It Places CFO on Leave During Accounting Probe (Barron's)
- Americans Are Suddenly a Lot More Upbeat About the Economy (WSJ)
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