Nordstrom Inc. Stock Outperforms Market On Strong Trading Day
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Shares of Nordstrom Inc. (JWN) rose 1.26% to $17.74 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.40% to 3,999.09 and the Dow Jones Industrial Average rising 0.33% to 34,302.61. This was the stock's fourth consecutive day of gains. Nordstrom Inc. closed $11.85 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 Friday, as Amazon.com Inc. (AMZN) rose 2.99% to $98.12, Walmart Inc. (WMT) rose 0.33% to $145.29, and Target Corp. (TGT) rose 3.04% to $164.60. Trading volume (3.0 M) remained 2.4 million below its 50-day average volume of 5.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 13, 2023.
(END) Dow Jones Newswires
January 13, 2023 17:05 ET (22:05 GMT)
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