Nordstrom Inc. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Nordstrom Inc. (JWN) dropped 0.78% to $16.49 Thursday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 1.45% to 3,822.39 and Dow Jones Industrial Average falling 1.05% to 33,027.49. The stock's fall snapped a three-day winning streak. Nordstrom Inc. closed $13.10 below its 52-week high ($29.59), which the company reached on April 14th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Amazon.com Inc. (AMZN) fell 3.43% to $83.79, Walmart Inc. (WMT) fell 1.17% to $143.48, and Target Corp. (TGT) fell 0.67% to $141.35. Trading volume (4.4 M) remained 867,896 below its 50-day average volume of 5.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 22, 2022.
(END) Dow Jones Newswires
December 22, 2022 17:05 ET (22:05 GMT)
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