Nordstrom Inc. Stock Rises Wednesday, Outperforms Market

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Consumer Discretionary : Internet & Direct Marketing Retail | Small Cap Growth

Company profile

Boxed, Inc. (Boxed) operates an e-commerce grocery platform which sells bulk consumables and licenses its e-commerce software to enterprise retailers. Boxed operates an e-commerce retail service that provides bulk pantry consumables to businesses and household customers, without the requirement of a big-box store membership. Boxed further enables e-commerce through its Software & Services business, which offers customers in need of an enterprise-level e-commerce platform access to its end-to-end technology.

Nordstrom Inc. Stock Rises Wednesday, Outperforms Market

5:05 pm ET January 11, 2023 (MarketWatch) Print

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of Nordstrom Inc. (JWN) rallied 3.15% to $17.35 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 1.28% to 3,969.61 and the Dow Jones Industrial Average rising 0.80% to 33,973.01. This was the stock's second consecutive day of gains. Nordstrom Inc. closed $12.24 short of its 52-week high ($29.59), which the company achieved on April 14th.

The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Amazon.com Inc. (AMZN) rose 5.81% to $95.09, Walmart Inc. (WMT) rose 0.88% to $146.13, and Target Corp. (TGT) rose 1.92% to $158.97. Trading volume (4.1 M) remained 1.3 million below its 50-day average volume of 5.4 M.

Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 11, 2023.

(END) Dow Jones Newswires

January 11, 2023 17:05 ET (22:05 GMT)