Why Shares of Nordstrom Are Falling Again Today
Shares of upscale retailer Nordstrom (NYSE: JWN) were down on Tuesday morning, after the company said it will temporarily close its stores in the U.S. and Canada in response to the growing COVID-19 pandemic.
As of 10:45 a.m. EDT, Nordstrom's shares were down about 7% from Monday's closing price.
In a statement disclosing the store closings, Nordstrom said that it has withdrawn the full-year guidance to investors that it issued on March 3.
Source Fool.com
