StockWatch: Nordstrom Falls 27% With Mixed Q3 Results!
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.
- DE 01:50
- JWN 02:50