Nordstrom Inc. (JWN): Today's Featured Services Laggard
Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.Nordstrom (JWN) pushed the Services sector lower today making it today's featured Services laggard. The sector as a whole closed the day up 0.2%. By the end of trading, Nordstrom fell $0.66 (-1.1%) to $58.26 on average volume. Throughout the day, 1,609,888 shares of Nordstrom exchanged hands as compared to its average daily volume of 1,381,500 shares. The stock ranged in price between $58.08-$59.33 after having opened the day at $59.03 as compared to the previous trading day's close of $58.92. Other companies within the Services sector that declined today were: ReachLocal (RLOC), down 14.8%, Paragon Shipping (PRGN), down 14.2%, Euronet Worldwide (EEFT), down 13.5% and China Metro-Rural Holdings (CNR), down 8.0%.
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