Tag: Macys

Nordstrom, Macy’s stocks soar after positive vaccine news

Nordstrom shares have soared after positive coronavirus vaccine news from Pfizer and Moderna.


AFP via Getty Images

Positive vaccine news two weeks in a row has sent department store stocks soaring.

Nordstrom Inc.
JWN,
+2.11%

shares have skyrocketed 58.6% for the month to date. Macy’s Inc.
M,
+2.15%
,
which is scheduled to announce third-quarter earnings on Thursday, is up29.2% for the period. And Kohl’s Corp.
KSS,
-1.71%
,
which reported third-quarter earnings on Tuesday, is up 22.8% for November so far.

Shares of J.C. Penney Co. Inc.
JCPNQ,
-19.07%
,
which just had the sale of its retail

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