Wed, 23 Nov 2022 14:38:01 GMT
Nordstrom stock price plummets
Despite reporting better than expected quarterly results, the stock price of Nordstrom plummeted at the start of Wednesday's US trading hours.
The stock price started the day at the $20.60 level, compared to yesterday's close at $22.65. Namely, the shares dropped 9.45%.
The company reported earnings per share at $0.20, instead of expected $0.149, which is a surprise of 34.62%.