|Bid||21.32 x 800|
|Ask||21.29 x 1000|
|Day's range||20.61 - 21.54|
|52-week range||15.41 - 49.85|
|Beta (5Y monthly)||-0.29|
|PE ratio (TTM)||N/A|
|Earnings date||15 Mar 2023 - 20 Mar 2023|
|Forward dividend & yield||N/A (N/A)|
|Ex-dividend date||14 Mar 2019|
|1y target est||16.00|
Monday, shares of beaten-down retailer Bed Bath & Beyond nearly doubled in price and drove meme stocks higher. Andrew Rocco breaks down what happened and what to look for next.
Shares of Nordstrom (NYSE: JWN), the department store chain, were rocketing higher on reports that activist investor Ryan Cohen had taken a stake in the company. Cohen is the co-founder of Chewy and may be best known for helping to send GameStop stock skyrocketing in 2021 as he took a stake in the company and pushed for a board shake-up and other changes. According to The Wall Street Journal, which first reported the news, Cohen has amassed a stake in the company that makes him one of the five biggest shareholders outside the Nordstrom family.
GameStop (GME) closed at $21.83 in the latest trading session, marking a -0.18% move from the prior day.