Nordstrom Inc. Stock Rises Thursday, Outperforms Market
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Shares of Nordstrom Inc. (JWN) advanced 2.42% to $16.09 Thursday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 1.75% to 3,849.28 and the Dow Jones Industrial Average rising 1.05% to 33,220.80. The stock's rise snapped a two-day losing streak. Nordstrom Inc. closed $13.50 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 Thursday, as Amazon.com Inc. (AMZN) rose 2.88% to $84.18, Walmart Inc. (WMT) rose 0.61% to $142.15, and Target Corp. (TGT) rose 1.76% to $148.37. Trading volume (4.1 M) remained 1.1 million below its 50-day average volume of 5.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 29, 2022.
(END) Dow Jones Newswires
December 29, 2022 17:04 ET (22:04 GMT)
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