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kpete

(71,996 posts)
Thu Feb 9, 2017, 08:37 AM Feb 2017

Nordstrom 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 retailer’s decision to no longer carry first daughter Ivanka Trump’s 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 Money’s live stock market tracker.

Nordstrom — known on the stock market by its founder John W. Nordstrom’s 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 Trump’s 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/





http://www.vox.com/policy-and-politics/2017/2/8/14553562/nordstrom-stock-price-trump-ivanka

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Nordstrom doubles down in face of Trump attacks as their stock skyrockets (Original Post) kpete Feb 2017 OP
So happy blotus is pissed.. as Nordstrom's Market soars! Cha Feb 2017 #1
I would love it if this was a political decision. neeksgeek Feb 2017 #2
A poison-pen tweet from the Angry Hamster may turn out to be money in the bank. Buns_of_Fire Feb 2017 #3
LOL MoonRiver Feb 2017 #9
But think of all the Chinese children yankeepants Feb 2017 #4
That was actually in my fb feed from an outraged trumper. brer cat Feb 2017 #5
The conservative outpouring of support for this "brand" should offset any "liberal hatred"....so TrekLuver Feb 2017 #7
I think Ivanka moved her operation to Africa leftyladyfrommo Feb 2017 #6
Now at $45.07, up another 1%. nt Ilsa Feb 2017 #8

Cha

(297,317 posts)
1. So happy blotus is pissed.. as Nordstrom's Market soars!
Thu Feb 9, 2017, 08:44 AM
Feb 2017

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)
2. I would love it if this was a political decision.
Thu Feb 9, 2017, 09:05 AM
Feb 2017

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)
3. A poison-pen tweet from the Angry Hamster may turn out to be money in the bank.
Thu Feb 9, 2017, 09:22 AM
Feb 2017

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.

brer cat

(24,576 posts)
5. That was actually in my fb feed from an outraged trumper.
Thu Feb 9, 2017, 10:23 AM
Feb 2017

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)
7. The conservative outpouring of support for this "brand" should offset any "liberal hatred"....so
Thu Feb 9, 2017, 10:36 AM
Feb 2017

all the women that voted for Trashpot...go ahead and go "buy her stuff".

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