Nordstrom's stock price has climbed more than 7% since Trump lashed out at them

Status
Not open for further replies.
F

fluffydelusions

Member
If President Trump is trying to hurt Nordstrom, it appears he's failed.
The company's stock price has climbed more than 7% since Trump lashed out at the company on Twitter Wednesday morning.
The president claimed his daughter, Ivanka, "has been treated so unfairly" by Nordstrom (JWN) because the company decided last week to stop carrying clothes and accessories from her fashion label. The company has said it parted ways with the Ivanka Trump brand due to declining sales.
After the Twitter blast, Nordstrom stock dipped slightly before it began climbing -- and Thursday it reached its highest point so far this month. The company's stock price surpassed the $46 mark Thursday -- compared to its Just before Trump posted the attack, Nordstrom's stock price was at $42.65.
The boost has helped Nordstrom's stock nearly recover all the losses its taken since the beginning of the year.
It's a welcome boost for the retailer, considering Nordstrom -- like many brick-and-mortar retailers -- has been struggling against e-commerce giants like Amazon (AMZN, Tech30). Despite the surge and an August earnings report that beat Wall Street's expectations, its stock is still down more than 9% over the last 12 months.
Click to expand...

http://money.cnn.com/2017/02/09/inv...dstrom-stock0805PMVODtopPhoto&linkId=34331134
 
I hope this pisses off Trump more.

Seriously, stressing this guy and his cabinet out of office seems like one of the best ways we can fight back right now, because clearly the government isn't calling him out on his shit.
 
Wonder how many other companies will dump trump products after this and if this is the reason Conway was peddling Ivankas crap to the republican base on fox this morning.
 
I work right next to a Nordstrom's have never stepped foot in there in my entire life. Tempted to buy some socks but naw.
 
Between this and the Super Bowl, it seems like corporate America is realizing Trumpism is way too toxic to be associated with.
 
Nordstrom sells great clothes and I'd recommend people buy from them. If the prices are too high, see if there's a Nordstrom Rack around you. I work near one and stop by once every few weeks just to see if I can catch a deal on some clothes, especially Denim as Nordstrom sells Paige, AG, LBM, and a lot of the denim brands I like.
 
Ogodei said:
Maybe his cratering popularity has already inverted that effect, and the day traders will be goading Trump into trolling one of their stock positions.
Click to expand...

Haha, that would be something.

"Please, Mr. President, shit on us on Twitter. Your hatred turns our stocks to gold! Truly a midas touch!"
 
Soon

"Hey president dipshit, we won't carry any brands related to your family because they sell like crap, look at us not doing anything for you!"
 
The issue with this is that most people that support Trump couldn't afford to shop at Nordstrom anyways so them being upset wouldn't hurt their bottomline at all. It's the same as the boycott Hamilton movement for people that weren't going to see it anyway.
 
Well, they did get rid of products that didn't sell, so thanks to Trump for pointing that out. Always helping out American businesses lmao
 
Status
Not open for further replies.

Similar threads

  • Locked
Tesla sales crater 76% in Germany, stock down 40% since December 2024
Business  2
51
3K
Puscifer replied
More hype than you expected.
34
2K
MaestroMike replied
Trump has declassified JFK files
2 3
144
11K
Lord Panda replied
More Europeans die from the heat each year than Americans die from guns
2 3 4 5 6
294
615
Cyberpunkd replied
I think the Predator franchise has more stronger movies than Aliens
2
59
3K
adamsapple replied
Top Bottom