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Trader Radar - Thursday December 4th

Q: On Fast Money’s trader radar we look at the stock that was lighting up screens across Wall Street. In 1929, a New York Times headline read “Abraham & Straus and Filene’s to unite,” and this department store company was born. The CEO convinced president Roosevelt that Thanksgiving should fall on the 4th Thursday of November. Today, it was the shareholders who were giving thanks as the stock lifted after November sales were not as bad as feared. Who is it?

A: On the trader radar tonight we’re watching Macy’s ! The department store was among the most active names on the NYSE today. (In case you’re wondering Federated changed it’s name to Macy’s about a year ago)