Nordstrom Inc. Stock Rises Monday, 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 Monday, Outperforms Market

5:04 pm ET January 23, 2023 (MarketWatch) Print

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

Shares of Nordstrom Inc. (JWN) advanced 7.21% to $18.73 Monday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 1.19% to 4,019.81 and the Dow Jones Industrial Average rising 0.76% to 33,629.56. This was the stock's second consecutive day of gains. Nordstrom Inc. closed $10.86 below its 52-week high ($29.59), which the company reached on April 14th.

The stock outperformed some of its competitors Monday, as Amazon.com Inc. (AMZN) rose 0.28% to $97.52, Walmart Inc. (WMT) rose 1.49% to $142.64, and Target Corp. (TGT) rose 1.49% to $164.63. Trading volume (8.8 M) eclipsed its 50-day average volume of 5.6 M.

Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 23, 2023.

(END) Dow Jones Newswires

January 23, 2023 17:04 ET (22:04 GMT)