Nordstrom Inc. Stock Falls Tuesday, Underperforms Market
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Shares of Nordstrom Inc. (JWN) slipped 2.57% to $16.67 Tuesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.11% to 33,241.56 and the S&P 500 Index falling 0.40% to 3,829.25. Nordstrom Inc. closed $12.92 short of 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 Tuesday, as Amazon.com Inc. (AMZN) fell 2.59% to $83.04, Walmart Inc. (WMT) rose 0.03% to $143.81, and Target Corp. (TGT) rose 1.68% to $145.55. Trading volume (3.6 M) remained 1.6 million below its 50-day average volume of 5.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 27, 2022.
(END) Dow Jones Newswires
December 27, 2022 17:04 ET (22:04 GMT)
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