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Why Is It Moving? Analyzing The Downward Movement in Nordstrom's Stock Today

January 14, 2021 10:44 am
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The Price And Volume Action In Nordstrom's Stock Today

Nordstrom (NYSE:JWN) is currently down 3.86% to a price of $36.14. The stock's volume is currently 3.03 million, which is roughly 51.5% of its recent 30-day volume average of 5.88 million.

Why It's Moving

Benzinga Pro's real-time breaking news service shows some insight into what is affecting shares: Nordstrom shares are trading lower after the company reported 2020 holiday sales decreased 22% year-over-year.

Insights On Recent Price Action

The moving average price of the stock over the past 50 days was $26.45 at the time this article was published. In the past fifty-two weeks, the stock price has been as high as $42.02 and as low as $11.72.

If you're looking for timely and concise explanations of why a stock is moving, check out Benzinga Pro. Subscribers get ‘Why Is It Moving' alerts as soon as our research team identifies the cause of the price action in a stock. Click here to learn more.

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