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Why Nordstrom Inc. Climbed 15% in November

TheMotleyFool

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Why Nordstrom Inc. Climbed 15% in NovemberPhoto, wide shot, wide-angle lens, Retail store, Midday, harsh overhead sunlight, directional sunlightt, photo by Peter Lik: https://img.midjourneyapi.xyz/temp/add1012b-1b24-4eb2-aba0-77ab52c7f8ad.png

Why Nordstrom Inc. Climbed 15% in November

Shares of Nordstrom Inc. (NYSE: JWN) moved higher last month, after the company turned in a decent third-quarter earnings report and benefited from a broader wave lifting retail stocks -- especially at the end of the month, as the sector jumped on reports of strong sales over Black Friday weekend.

According to data from S&P Global Market Intelligence, Nordstrom shares finished the month up 15%. The bulk of those gains came at the end of the month.