Chesapeake, Macy’s, Tailored Brands and more

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A Men’s Wearhouse retail store on October 9, 2013 in San Francisco, California.

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Check out the companies making headlines after the bell.

Stitch Fix — The online personalized styling service’s stock fell 6% in extended trading after the company released its third-quarter financial results. Stitch Fix said it had a loss of 33 cents per share on revenue of $372 million, while analysts expected a loss of 16 cents per share with revenue of $407 million, according to Refinitiv. The company also reported 3.4 million active clients, a 9% increase compared to last year.

Coupa Software — Shares

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There’s a ‘disconnect’ with bank stocks and they should climb higher, top analyst says

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The better-than-expected jobs report last week is further proof that the market is undervaluing bank stocks, Wells Fargo’s top bank analyst said Monday.

“They’re still priced like the global financial crisis, and that’s a complete disconnect to the stock market as a whole, and frankly it’s a disconnect to what the bond market says about banks,” analyst Mike Mayo said on CNBC’s “Fast Money.”

Bank stocks have ripped higher over the past week as the S&P 500 has surged back above the level where it ended 2019. The SPDR S&P Bank ETF has climbed more than 18% since June began. 

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Not discussing race issues is ‘unacceptable,’ black managing director at Goldman Sachs says

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A black managing director at Goldman Sachs said Monday that he wrote an email to colleagues about race in the United States in part to make white managers feel comfortable discussing the topic with black employees who report to them. 

“I think that for a lot of white people in the United States, because this is an extremely difficult topic, many of them choose not to engage with it because you have this concern about am I going to say the wrong thing, is this going to be misconstrued, am I going to be offensive and in some way cause

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Reopening optimism gains even more steam

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The New York Stock Exchange (NYSE) is seen in the financial district of lower Manhattan during the outbreak of the coronavirus disease (COVID-19) in New York City, April 26, 2020.

Jeena Moon | Reuters

S&P 500 turns positive for the year, Dow Jones Industrial Average jumps 461 points

Reopening optimism gains even more steam

New York City — once the epicenter of the coronavirus pandemic — kicked off its reopening process on Monday. The news comes as several metrics point to increasing restaurant bookings, hotel occupancy rates rising along with driving around the country. “What is clearly happening is the

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