7.6 C
New York
Thursday, April 25, 2024

Activist investor Ryan Cohen is building a big stake in Nordstrom, report says. The retailer’s stock has surged 37% on the news.

Nordstrom shares soared as much as 37% in premarket trading on Friday, as investors cheered the news that Ryan Cohen may be building a significant stake in the luxury department-store chain. Cohen, the billionaire cofounder of Chewy and chairman of GameStop, is now one of Nordstrom’s five largest …

This post was originally published on this site

Subscribe
Notify of
0 Comments
Inline Feedbacks
View all comments

Stay Connected

157,319FansLike
396,312FollowersFollow
2,290SubscribersSubscribe

Latest Articles

0
Would love your thoughts, please comment.x
()
x