U.S. markets open in 2 hours 2 minutes
  • S&P Futures

    4,080.75
    +23.25 (+0.57%)
     
  • Dow Futures

    33,099.00
    +196.00 (+0.60%)
     
  • Nasdaq Futures

    13,034.75
    +69.75 (+0.54%)
     
  • Russell 2000 Futures

    1,798.20
    +13.90 (+0.78%)
     
  • Crude Oil

    73.62
    +0.65 (+0.89%)
     
  • Gold

    1,988.00
    +3.50 (+0.18%)
     
  • Silver

    23.92
    +0.45 (+1.91%)
     
  • EUR/USD

    1.0877
    +0.0029 (+0.27%)
     
  • 10-Yr Bond

    3.5660
    0.0000 (0.00%)
     
  • Vix

    18.91
    -1.06 (-5.31%)
     
  • GBP/USD

    1.2332
    +0.0020 (+0.16%)
     
  • USD/JPY

    132.4870
    -0.2580 (-0.19%)
     
  • Bitcoin USD

    28,608.22
    +280.08 (+0.99%)
     
  • CMC Crypto 200

    621.75
    +20.78 (+3.46%)
     
  • FTSE 100

    7,636.59
    +72.32 (+0.96%)
     
  • Nikkei 225

    27,782.93
    -100.85 (-0.36%)
     

Nordstrom Stock Surges on Report Activist Investor Ryan Cohen Has a Stake

Nordstrom Stock Surges on Report Activist Investor Ryan Cohen Has a Stake

Shares of retailer Nordstrom took off early on Friday after a report that activist investor Ryan Cohen has taken a big stake in the company. The Wall Street Journal reported that Cohen, known for sparking big jumps in meme stocks such as GameStop a few years ago, has become one of the top five nonfamily shareholders of the company. “Nordstrom’s performance over the last decade begs for an activist role,” said analysts at William Blair, led by Dylan Carden, in a note.