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Why Nordstrom Stock Rose 17% in August

TheMotleyFool

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Nordstrom (NYSE: JWN) shareholders outpaced a booming market in August. The stock jumped 17% compared to the S&P 500's 7% increase, according to data provided by S&P Global Market Intelligence.

That rally only erased a small portion of the losses that the department store has posted this year, though, and shares remain lower by more than 60% in 2020.

Image source: Getty Images.

Source Fool.com

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