Nordstrom Inc. Stock Underperforms Tuesday When Compared To Competitors

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Verizon Communications Inc. is a holding company. The Company, through its subsidiaries, provides communications, information and entertainment products and services to consumers, businesses, and governmental agencies. Its reportable segments are Verizon Consumer Group and Verizon Business Group. Its Consumer segment provides wireless and wireline communications services. Its wireless services are provided across wireless networks in the United States (U.S.) under the Verizon brand. Its wireline services are provided in nine states in the Mid-Atlantic and Northeastern U.S., as well as Washington D.C., over its fiber-optic network under the Fios brand and over a traditional copper-based network. Its Business segment provides wireless and wireline communications services and products, including data, video and conferencing services, security and managed network services, local and long-distance voice services and network access to deliver various Internet of Things services and products.

Nordstrom Inc. Stock Underperforms Tuesday When Compared To Competitors

5:04 pm ET January 24, 2023 (MarketWatch) Print

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

Shares of Nordstrom Inc. (JWN) shed 2.30% to $18.30 Tuesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.31% to 33,733.96 and the S&P 500 Index falling 0.07% to 4,016.95. The stock's fall snapped a two-day winning streak. Nordstrom Inc. closed $11.29 short of its 52-week high ($29.59), which the company achieved on April 14th.

The stock underperformed when compared to some of its competitors Tuesday, as Amazon.com Inc. (AMZN) fell 1.23% to $96.32, Walmart Inc. (WMT) rose 0.27% to $143.02, and Target Corp. (TGT) fell 0.66% to $163.55. Trading volume (5.5 M) remained 200,922 below its 50-day average volume of 5.7 M.

Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 24, 2023.

(END) Dow Jones Newswires

January 24, 2023 17:04 ET (22:04 GMT)

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Nordstrom Inc. Stock Underperforms Tuesday When Compared To Competitors