Shares of Nordstrom Inc.
rallied 3.38% to $16.22 Thursday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index
falling 0.16% to 4,507.66 and Dow Jones Industrial Average
falling 0.48% to 34,721.91.
This was the stock’s fourth consecutive day of gains.
Nordstrom Inc. closed $10.93 below its 52-week high ($27.15), which the company reached on February 3rd.
The stock outperformed some of its competitors Thursday, as Amazon.com Inc.
rose 2.18% to $138.01, Walmart Inc.
rose 0.87% to $162.61, and Target Corp.
fell 0.32% to $126.55.
Trading volume (5.0 M) eclipsed its 50-day average volume of 4.6 M.