Nordstrom shares jump more than 10% on report retailer is trying to go private
Publishing timestamp: 2024-03-19 10:17:34
Summary
Nordstrom shares jumped after reports of potential privatization, but deal may not happen. Company has struggled with sales and gave gloomy outlook for 2024. Previous attempt to go private failed in 2018.
Sentiment: MIXED
Keywords: business news, nordstrom inc, morgan stanley, retail industry, breaking news: business, business,
Source: https://www.cnbc.com/2024/03/19/nordstrom-reportedly-trying-to-go-private.html