Nordstrom inventory Surges 30% on Report Activist Investor Ryan Cohen Has a Stake

Shares of retailer


Nordstrom


have been surging early on Friday after a report that activist investor Ryan Cohen has taken an monumental stake inside the agency.

Nordstrom (ticker: JWN) was up 31% to $27.sixty five in premarket buying and promoting. The Wall avenue Journal reported that Cohen, acknowledged for sparking huge jumps in meme shares comparable to


GameStop


a quantity of years in the past, has discover your self to be one among many extreme 5 nonfamily shareholders of the agency.

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