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Stock impact report

Macerich's Current Situation [Seeking Alpha]

Macerich Company (The) (MAC) 
Last macerich company (the) earnings: 2/6 07:00 am Check Earnings Report
US:NYSE Investor Relations: macerich.com/investors
Company Research Source: Seeking Alpha
SummaryThe main states Macerich operates in are seeing peaking COVID-19 daily cases, showing reopening could soon be on the way.While stores will take time to reopen, rent should recover much more quickly.With the current cost structure and liquidity, Macerich should be able to survive over 2 years, assuming cooperation from lenders.Valuation is incredibly low, especially if you believe things will return to normal over the next few months.Macerich (NYSE:MACWith new cases slowing, the focus for governments around the world has shifted to reopening the economy. According to Macerich's presentation, New York, Arizona, and California are its key markets, so these are the markets we'll be focusing on in this article.Source:Macerich investor presentationSource: GoogleWhile New York was originally the state with the most infections within the US, the number of new cases seems to have fallen drastically, down more than 60% from peak levels. If this rate of decline continues, the state should Show less Read more
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