Finance.yahoo.com
0
All posts from Finance.yahoo.com
Finance.yahoo.com in Finance.yahoo.com,

Nordstrom’s Valuation Is Upgraded Following 2Q15 Results

Nordstrom Outperforms Department Store Peers in 2Q15

(Continued from Prior Part)

Stock price movement

As of August 17, Nordstrom (JWN) was trading at a stock price of $79.04, up 0.9% since the beginning of 2015. The company’s stock price surged by 4.3% on August 14, following the announcement of 2Q15 results after the close of financial markets on August 13.

Macy’s (M) stock price has declined by 4.2% since the start of this year as the company posted disappointing results in the first half of 2015 and issued a bleak outlook for the year. JCPenney’s (JCP) share price increased by 41.8% over the same period as the company’s turnaround efforts showed...


More