Why Macy's And Nordstrom Shares Are Rising Today

Macy's Inc M and Nordstrom, Inc. JWN shares are trading higher by 5.5% at $24.20 and 2.5% at $20.50, respectively, amid media reports that several funds are interested in acquiring Kohl's.

Starboard Value-backed Acacia Research offered to pay $64 per share for Kohl’s, according to a CNBC report, citing people familiar with the proposals...Read More

Founded in 1858, Macy's operates nearly 600 stores under the Macy's nameplate. Nordstrom is a fashion retailer that operates approximately 100 department stores in the U.S. and Canada and approximately 250 off-price Nordstrom Rack stores.

Macy's has a 52-week high of $37.95 and a 52-week low of $12.00.

Nordstrom has a 52-week high of $46.45 and a 52-week low of $18.94.

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In:
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!