Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Benzinga
Benzinga
Business
Henry Khederian

Why Macy's And Nordstrom Shares Are Rising Today

Macy's Inc (NYSE:M) and Nordstrom, Inc. (NYSE: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.

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.