Nordstrom Inc. Stock Outperforms Market Despite Losses On The Day
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Shares of Nordstrom Inc. (JWN) shed 1.07% to $17.58 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 1.56% to 3,928.86 and Dow Jones Industrial Average falling 1.81% to 33,296.96. The stock's fall snapped a five-day winning streak. Nordstrom Inc. closed $12.01 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) fell 0.61% to $95.46, Walmart Inc. (WMT) fell 2.47% to $140.84, and Target Corp. (TGT) fell 0.78% to $160.83. Trading volume (4.6 M) remained 689,096 below its 50-day average volume of 5.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 18, 2023.
(END) Dow Jones Newswires
January 18, 2023 17:04 ET (22:04 GMT)
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