Nordstrom is trading nearly $20 a share lower than a $50 a share offer it once rejected as too low

KEY POINTS

  • Nordstrom shares are trading nearly $20 a share lower than a $50 a share buyout offer it rejected as too low two years ago.
  • The slide doesn’t mean the company won’t be able to recover.
  • Part of the pressure on its shares is Nordstorm is making the investments it needs to survive, and being punished as a result.
  • cnb.cx/2xHyZsj
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