Market Overview

Nordstrom Inc. Higher Ahead Of Q4 Report

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Nordstrom Inc. (NYSE: JWN) shares are trading higher by $0.45 at $52.70 in Thursday's session. It has traded for most part in between the high and low from Wednesday's range in today's session.

Its decline in the first thirty minutes of the session found support ahead of Wednesday's low ($51.08), only reaching $51.18 before staging a rebound. The ensuing rally surpassed Wednesday's high ($52,78), but stalled at $53.07.

That marks the highest level for the issue since it peaked on January 17 at $54.15.

The company will report Q4 earnings after the bell. The Street estimates EPS at $1.23 with revenues of $4.22B.

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