StockWatch: Nordstrom Falls 27% With Mixed Q3 Results!

0 776

Nordstrom shares fell 27% after the American retailer reported mixed Q3 results, significantly missing earnings expectations.

Despite more customers returning to the physical stores, supply-chain disruptions continue to negatively impact the company’s profitability.

Deere & Co shares jumped by 5% after the company issued stronger-than-expected quarterly earnings.

Deere said solid demand for its products helped cushion the impact of a month-long workers’ strike, even though revenue came in slightly below forecasts.

Timestamps:

  • DE 01:50
  • JWN 02:50

Trade over 200 of the hottest stock CFDs with spreads starting from 0.0 pips - Open your Orbex account today!

START TRADING

or practice on DEMO ACCOUNT

Trading CFDs Involves high risk of loss

Leave A Reply

Your email address will not be published.