- Oops!Something went wrong.Please try again later.
Shares of Nordstrom (NYSE: JWN) crashed on Wednesday after the department store company's third-quarter earnings results distressed investors. As of 3:45 p.m. ET, Nordstrom's stock price was down 29%. "We're taking action to improve performance at Nordstrom Rack, including optimizing inventory levels, better balancing price points, and increasing brand awareness," CEO Erik Nordstrom said in a press release.