Nordstrom Inc. Stock Falls Monday, Underperforms Market
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Shares of Nordstrom Inc. (JWN) slipped 1.61% to $16.51 Monday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.08% to 3,892.09 and Dow Jones Industrial Average falling 0.34% to 33,517.65. Nordstrom Inc. closed $13.08 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 Monday, as Amazon.com Inc. (AMZN) rose 1.49% to $87.36, Walmart Inc. (WMT) fell 1.25% to $144.95, and Target Corp. (TGT) fell 2.37% to $156.35. Trading volume (5.7 M) eclipsed its 50-day average volume of 5.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 9, 2023.
(END) Dow Jones Newswires
January 09, 2023 17:04 ET (22:04 GMT)
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