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Shares of Nordstrom Inc. (JWN) plummeted 29.03% to $22.66 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.23% to 4,701.46 and the Dow Jones Industrial Average falling 0.03% to 35,804.38. This was the stock's fourth consecutive day of losses. Nordstrom Inc. closed $23.79 below its 52-week high ($46.45), which the company achieved on March 15th.
The stock underperformed when compared to some of its competitors Wednesday, as TJX Cos. (TJX) rose 0.75% to $71.48, Ross Stores Inc. (ROST) rose 0.07% to $115.51, and Kohl's Corp. (KSS) fell 1.53% to $55.32. Trading volume (46.2 M) eclipsed its 50-day average volume of 4.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 24, 2021.
(END) Dow Jones Newswires
November 24, 2021 17:02 ET (22:02 GMT)
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