The Nordstrom stock (JWN) Jumped 37% today after the company reported positive earnings. Nordstrom’s net sales increased by 23% year-to-year to reach $4.5 billion in the last Q4 that ended on January 29, 2022.
Nordstrom’s revenue seems to have completely recovered from the Covid-19 pandemic-induced downturn. And as a result, the retailer could resume paying dividends this year starting from the coming quarters.
To help stock investors interested in investing in Nordstrom stock, Invezz has created a brief article on what it is and where to buy it.
To find out more, please continue reading.
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What is Nordstrom stock?
Nordstrom stock is the stock of Nordstrom, Inc. shares and it trades on the New York Stock Exchange using the ticker NYSE: JWN.
Nordstrom, Inc. is an American luxury store chain. It was founded in 1901 by Carl F. Wallin and John W. Nordstrom.
Nordstrom started as a shoe
