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Nordstrom, Inc. Shares Close the Day 29.0% Lower - Daily Wrap

10:39pm, Wednesday, 24'th Nov 2021 Kwhen Finance
Nordstrom, Inc. (JWN) shares closed today 29.0% lower than it did at the end of yesterday. The stock is currently up 2.3% year-to-date, up 36.2% over the past 12 months, and down 38.7% over the past five years. Today, the Dow Jones Industrial Average rose 0.0%, and the S&P 500 rose 0.3%. Trading Activity Shares traded as high as $36.43 and as low as $30.79 this week.Shares closed 51.2% below its 52-week high and 9.1% below its 52-week low.Trading volume this week was 81.5% higher than the 10-day average and 124.2% higher than the 30-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 1.4. Technical Indicators The Relative Strength Index (RSI) on the stock was between 30 and 70.MACD, a trend-following momentum indicator, indicates a downward trend.The stock closed below its Bollinger band, indicating it may be oversold. Market Comparative Performance The company's share price lags the S&P 500 Index today, beats it on a 1-year basis, and lags it on a 5-year basis The company's share price lags the Dow Jones Industrial Average today, beats it on a 1-year basis, and lags it on a 5-year basis The company share price lags the performance of its peers in the Consumer Discretionary industry sector today, beats it on a 1-year basis, and lags it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date lags the peer average by -98.3% The company's stock price performance over the past 12 months lags the peer average by -81.3% This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to [email protected]. © 2020 Kwhen Inc.
Nordstrom, Inc. (JWN) shares closed 9.1% lower than its previous 52 week low, giving the company a market cap of $5B. The stock is currently up 2.3% year-to-date, up 36.2% over the past 12 months, and down 38.7% over the past five years. This week, the Dow Jones Industrial Average fell 0.9%, and the S&P 500 fell 0.2%. Trading Activity Trading volume this week was 121.8% higher than the 20-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 1.4. Technical Indicators The Relative Strength Index (RSI) on the stock was between 30 and 70.MACD, a trend-following momentum indicator, indicates a downward trend.The stock closed below its Bollinger band, indicating it may be oversold. Market Comparative Performance The company's share price is the same as the S&P 500 Index , beats it on a 1-year basis, and lags it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , beats it on a 1-year basis, and lags it on a 5-year basis The company share price is the same as the performance of its peers in the Consumer Discretionary industry sector , beats it on a 1-year basis, and lags it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date lags the peer average by -98.3% The company's stock price performance over the past 12 months lags the peer average by -81.3% This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to [email protected]. © 2020 Kwhen Inc.

NTD Business Full Broadcast (Nov. 24)

09:55pm, Wednesday, 24'th Nov 2021 The Epoch Times
The CEO of JP Morgan apologizing to the Chinese regime because of a joke. What did he say? And why does he regret it? A Canadian energy company suing the Biden Administration. Its trying to recoup losses from the canceled Keystone XL Pipeline project. And Shares of Gap and Nordstrom plummet today, after reporting weak earnings due to supply chain []

Wall St ends higher as tech stocks gain

09:36pm, Wednesday, 24'th Nov 2021 Seven News
Tech stock gains have lifted Wall Street to close higher, while retailers Gap and Nordstrom plunged on weak quarterly results and supply-chain challenges.

Gap, Nordstrom fall; Deere, Pure Storage rise

09:19pm, Wednesday, 24'th Nov 2021 ABC News
Stocks that traded heavily or had substantial price changes Wednesday: Gap, Nordstrom fall; Deere, Pure Storage rise

Gap, Nordstrom fall; Deere, Pure Storage rise

09:18pm, Wednesday, 24'th Nov 2021 WTOP
Stocks that traded heavily or had substantial price changes Wednesday: Autodesk Inc., down $47.10 to $256.90. The design software company

Stocks edge higher; Gap, Nordstrom sink on weak results

09:15pm, Wednesday, 24'th Nov 2021 Star Tribune
Stocks ended with scant gains after another wobbly day of trading on Wall Street Wednesday as the market remained unsettled ahead of the Thanksgiving holiday. The S&P 500 edged up 0.2%, even as slightly more stocks fell than rose. The index, which set a record high last Thursday, was pushed and pulled by swings in technology and consumer-focused companies. The Dow Jones Industrial Average edged lower and the Nasdaq rose 0.4%. Supply chain problems hurt results for several large retailers. Gap sank 24% after its earnings came in far below forecasts. Nordstrom sank 29% after it also reported very weak results.
U.S. stocks finished mostly higher on the eve of Thanksiving as investors parsed a deluge of data, including minutes from the Federal Reserve''s November meeting, which indicated that inflation pressures could take longer to subside than previously thought and that members of the central bank raised the possibility of ending bond purchases sooner than they planned if high prices persisted. The Dow Jones Industrial Average closed in negative territory but virtually unchanged at around 35,805, on a preliminary basis, the S&P 500 index advanced 0.2% to around 4,701, just below a Nov. 18 closing record high at 4,704.54, and the Nasdaq Composite Index gained 0.4% at roughly 15,845. U.S. markets will be closed on Thursday for Thanksgiving and will see an early finish on the following Friday session. An account of the Fed''s Nov. 2-3 meeting showed that most senior officials at the central bank still expect price rises to slow next year, but they also acknowledged "inflation pressures could take longer to subside" than they previously believed due to continuing labor and supply shortages.

Why Nordstrom Stock Plunged Today

09:05pm, Wednesday, 24'th Nov 2021 The Motley Fool
The retailer is underperforming its peers.
The S&P 500 consumer discretionary sector index rose after data showed U.S. consumer spending increased more than expected in October. The so-called core PCE price index, the Federal Reserve''s preferred inflation measure, also accelerated in October.

Does the Ord in Nordstrom Now Stand for Ordinary?

08:56pm, Wednesday, 24'th Nov 2021 PYMNTS
Its a bad day to be Nordstrom. Beyond the 30% single-day drop in its stock, the Seattle-based operator of 100 flagship luxury department stores has found itself facing a range of real-world problems, most of which have nothing to do with any change in the unmatched buying power of its elite clientele. Within retail circles, []

Here Are Reasons Why Nordstrom Inc. (NYSE: JWN) Is A Great Choice Now

04:00pm, Wednesday, 24'th Nov 2021 Stocks Register
The trading price of Nordstrom Inc. (NYSE:JWN) closed lower on Tuesday, November 23, closing at $31.93, -1.21% lower than its previous close. >> 7 Top Picks for the Post-Pandemic Economy

Nordstrom registers $64m in earnings for third quarter of FY21

03:55pm, Wednesday, 24'th Nov 2021 Retail Insight Network
US-based luxury department store chain Nordstrom has posted strong results for the third quarter (Q3) of this year (FY21), with Read More... The post Nordstrom registers $64m in earnings for third quarter of FY21 appeared first on Verdict Retail .
NEW YORK, Nov. 24, 2021 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for PTN, WISH, JWN, APVO, and BNGO. To see how InvestorsObserver''s proprietary scoring system rates these stocks, view the InvestorsObserver''s PriceWatch Alert by selecting the corresponding link.

Credit Suisse Group Cuts Nordstrom (NYSE:JWN) Price Target to $26.00

03:50pm, Wednesday, 24'th Nov 2021 Dakota Financial News
Nordstrom (NYSE:JWN) had its price objective lowered by analysts at Credit Suisse Group from $34.00 to $26.00 in a research note issued on Wednesday, Benzinga reports. The brokerage currently has a neutral rating on the specialty retailers stock. Credit Suisse Groups target price suggests a potential downside of 18.57% from the stocks current price. A []
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