Much better and respectful company. Where I. started. Nordstrom wants so bad to be like them. They started copying them. Stone floors. Wood fixtures. Pop up shops that sell everything that urban sells. The list goes on.
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Kool aid drinker cultist on here spreading Fake News!
Nordstrom is emerging as a winner! That’s what’s going to happen
I agree with this prognosis, I don’t know about Nordstrom specifically, but a wider crisis in the markets. Something is about to happen, nothing can stop what is coming. Definitely $JWN back at $12 within a few weeks would be quite a shock.
Nordstrom is a real winner!
Someone is betting heavy on a sudden collapse in $JWN:
Investors in Nordstrom, Inc. JWN need to pay close attention to the stock based on moves in the options market lately. That is because the Apr 16, 2021 $12.50 Put had some of the highest implied volatility of all equity options today.
You can see that the open interest in the April $12.50 JWN put is nearly 6,200 contracts:
https://finance.yahoo.com/quote/JWN/options?p=JWN&date=1618531200
Nordstrom is the best! We are hiring again
Look at market cap, fren.
JWN $5.9B
URBN $3.7B
M $5.1B
TJX $78B