Why Shares of Nordstrom Were Sinking on Friday
Shares of Nordstrom (NYSE: JWN) were down on Friday afternoon after new restrictions to limit the spread of the novel coronavirus raised questions about the company's ability to continue operating its online store.
As of 1 p.m. EDT today, Nordstrom's shares were down about 5.8% from Thursday's closing price.
The stay-at-home order issued by California's governor on Thursday will almost certainly shut down a fulfillment center in San Bernardino that Nordstrom uses to fill online orders, one of three in the United States.
Source Fool.com
