Published on 3 Dec 2021 on Market Watch
Nordstrom Inc. stock underperforms Friday when compared to competitors
Shares of Nordstrom Inc. slid 1.80% to $20.19 Friday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.84% to 4,538.43 and Dow Jones Industrial Average falling 0.17% to 34,580.08. Nordstrom Inc. closed $26.26 below its 52-week high ($46.45), which the company reached on March 15th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as TJX Cos. rose 0.63% to $70.69, Ross Stores Inc. fell 0.33% to $110.19, and Kohl's Corp. fell 2.89% to $48.45. Trading volume (6.3 M) eclipsed its 50-day average volume of 5.6 M.