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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