Why Nordstrom Stock Plunged 25% in September
Shares of Nordstrom (NYSE: JWN) lost 25.5% in value last month, according to data from S&P Global Market Intelligence.
The department store delivered lower-than-expected earnings results for the fiscal second quarter in late August. The weak results, along with the pullback in the broader market last month, sent the shares tumbling.
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Source Fool.com
