Why Nordstrom Are Trading Lower By Around 10%? Here Are Other Stocks Moving In Friday's Mid-Day Session
Portfolio Pulse from Lisa Levin
The article lists the stocks that gained and lost the most in Friday's mid-day session. Notable gainers include Alset Capital Acquisition Corp., YS Biopharma Co., Ltd., and Crown ElectroKinetics Corp. On the other hand, Domo, Inc., Prime Number Acquisition I Corp., and Allego N.V. were among the biggest losers. Nordstrom, Inc. also fell by 9.5% following its Q2 results where total company net sales declined 8.3% YoY.
August 25, 2023 | 5:33 pm
News sentiment analysis
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POSITIVE IMPACT
Alset Capital Acquisition Corp. shares climbed 66.2% to $12.93.
The company's shares climbed significantly, indicating a positive market sentiment towards the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
YS Biopharma Co., Ltd. shares jumped 57% to $1.1850 after the company announced the purchase of shares by company officers.
The company's shares jumped after the announcement of share purchase by company officers, indicating a positive market sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Nordstrom, Inc. fell 9.5% to $15.22 following second-quarter results. Total company net sales declined 8.3% year over year.
Nordstrom's shares fell following its Q2 results where total company net sales declined 8.3% YoY, indicating a negative market sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100