SEATTLE, May 22, 2017 /PRNewswire/ -- Seattle-based Nordstrom, Inc., announced on May 16, 2017 the reelection of eleven existing members of the Board of Directors, and the appointment of Stacy Brown-Philpot, CEO of TaskRabbit, as a new director.
On the other side, upscale retailer Nordstrom (NYSE:JWN) has a similar business model and faces the same negative trends as Macy's but is holding up much better and is not engaging in many store closures.
Nordstrom Inc. ( JWN ) is due to issue its quarterly earnings report in the upcoming extended-hours session. Given its history, traders can expect very active trading in the issue immediately following its quarterly earnings announcement.
There is a wonderful secret to trading options right before earnings announcements in Nordstrom Inc (NYSE:JWN) , and really many stocks, that benefits from the rising implied volatility but avoids the risk into the actual earnings release and also ...