Nordstrom Inc. Stock Remains Steady Thursday, Underperforms Market
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Shares of Nordstrom Inc. (JWN) were unchanged Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.10% to 4,060.43 and the Dow Jones Industrial Average rising 0.61% to 33,949.41. Nordstrom Inc. closed $11.16 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 Thursday, as Amazon.com Inc. (AMZN) rose 2.10% to $99.22, Walmart Inc. (WMT) fell 0.09% to $142.21, and Target Corp. (TGT) rose 1.72% to $167.03. Trading volume (4.7 M) remained 1.0 million below its 50-day average volume of 5.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 26, 2023.
(END) Dow Jones Newswires
January 26, 2023 17:05 ET (22:05 GMT)
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