Nordstrom Inc. Stock Underperforms Wednesday When Compared To Competitors Despite Daily Gains
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Shares of Nordstrom Inc. (JWN) inched 0.71% higher to $18.43 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.03% to 33,743.84 and the S&P 500 Index falling 0.02% to 4,016.22. Nordstrom Inc. closed $11.16 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 0.89% to $97.18, Walmart Inc. (WMT) fell 0.48% to $142.34, and Target Corp. (TGT) rose 0.40% to $164.21. Trading volume (6.0 M) eclipsed its 50-day average volume of 5.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 25, 2023.
(END) Dow Jones Newswires
January 25, 2023 17:04 ET (22:04 GMT)
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