Nordstrom shares up 30% according to report Activist investor Ryan Cohen has shares

Retailer’s stock


surged early Friday following a report that activist investor Ryan Cohen took a large stake in the company.

Nordstrom (ticker: JWN) jumped 31% to $27.65 in premarket trading. The Wall Street Journal reported that Cohen, known for making leaps and bounds in meme stocks like

game stop

several years ago, became one of the company’s top five non-family shareholders.


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