Sorry, Mr. President: Nordstrom Stock Rises After Trump Twitter Tirade
Some economists have expressed concerns that a mere 140-character post from Twitter-happy President Donald Trump can impact a publicly traded company’s stock price. Maybe so, but Nordstrom proved immune to that today when its share price went up after our new Commander-in-Chief complained about the store’s decision to stop selling his daughter Ivanka’s clothing and accessory line. My daughter Ivanka has been treated so unfairly by @Nordstrom.