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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsNordstrom doubles down in face of Trump attacks as their stock skyrockets
An angry Pres. Donald Trump spent part of Wednesday venting angrily at luxury retailer Nordstrom on Twitter over the retailers decision to no longer carry first daughter Ivanka Trumps fashion line.
However, rather than backing away from the department store, investors began to buy shares in Nordstrom, Inc. sending the stock price shooting upward on CNN Moneys live stock market tracker.
Nordstrom known on the stock market by its founder John W. Nordstroms initials, JWN began Wednesday at $42.78 per share and by Wednesday afternoon was trading at $44.53 $1.75 higher, a net gain of 4.09 percent.
The company stood strong in the the onslaught of Trump and his followers outrage, insisting in a statement Wednesday afternoon that its decision to pull Ivanka Trumps line from stores was purely due to poor sales and not due to any political preferences by the company.
http://www.rawstory.com/2017/02/nordstrom-doubles-down-in-face-of-trump-attacks-as-their-stock-skyrockets/
Link to tweet
http://www.vox.com/policy-and-politics/2017/2/8/14553562/nordstrom-stock-price-trump-ivanka
Cha
(297,317 posts)the idiot has more than pissed off too many around the world.
We're all wondering if he'll ever just go and FO.
neeksgeek
(1,214 posts)But SCROTUS of all people should understand business decisions.
People get upset if Brand X that they like so much goes out of production, or their favorite store stops carrying Brand X. But the store is in business to make money. If Brand X doesn't sell, it's just costing the store money to keep it on the shelf.
It's just business. I thought that was the Republican Way?
Buns_of_Fire
(17,181 posts)There are probably still people today who brag about being on Nixon's "Enemies List."
Hmmmmm... Maybe there's a buck to be made here. An official registry where, for the extremely affordable price of $100, you get an OFFICIAL NUMBERED CERTIFICATE (suitable for framing), certifying you as officially being on the "Trump Enema List." I think I'll bring it up with the board of Pitchforks 'R' Us and see if they'll go for it.
yankeepants
(1,979 posts)working in sweatshops for Ivankawear who will lose their jobs!
brer cat
(24,576 posts)Of course she omitted the Chinese part, but was ranting about the families that would lose their livelihood if Ivanka was forced to cut back. She added that liberal hatred for trump was no reason to force a successful family member out of a job.
TrekLuver
(2,573 posts)all the women that voted for Trashpot...go ahead and go "buy her stuff".
leftyladyfrommo
(18,868 posts)because people there work for a lot less.