Shares of Nordstrom Fall as Concerns Grow About Online Business
Shares of upscale retailer Nordstrom (NYSE: JWN) were down again on Monday, on growing investor concerns about the company's likely losses amid the coronavirus pandemic.
As of 11:30 a.m. EDT, Nordstrom's shares were down about 12.9% from Friday's closing price.
Concerns are growing around Nordstrom's ability to keep its online storefronts up and running as state governments shut down nonessential businesses to help limit the spread of the COVID-19 virus.
Source Fool.com
