Nordstrom Shares Plunge After Slashing Full-Year Outlook

Nordstrom Shares Plunge After Slashing Full-Year Outlook

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For your information, you can find below the description of the video Nordstrom Shares Plunge After Slashing Full-Year Outlook published by the Youtube channel Bloomberg Markets and Finance:

Nordstrom Inc. tumbled as much as 20% Wednesday in its biggest drop since November after slashing its full-year outlook, citing slowing customer traffic and demand at its off-price Rack stores. Stephanie Wissink, Jefferies analyst, talks about retail earnings on "Bloomberg Markets."