Why Nordstrom Inc. Climbed 15% in November
Shares of Nordstrom Inc. (NYSE: JWN) moved higher last month, after the company turned in a decent third-quarter earnings report and benefited from a broader wave lifting retail stocks -- especially at the end of the month, as the sector jumped on reports of strong sales over Black Friday weekend.
According to data from S&P Global Market Intelligence, Nordstrom shares finished the month up 15%. The bulk of those gains came at the end of the month.
Source: Fool.com
Nordstrom Inc. Stock
€19.32
-1.070%
Currently there is a rather negative sentiment for Nordstrom Inc. with 4 Buy predictions and 10 Sell predictions..
This results in a negative potential of -32.72% based on a current price of 19.32 € and a target price of 13 € for the stock.
