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Traders Watch List – Michael Kors Holdings Ltd (NYSE:KORS), Nordstrom, Inc. (NYSE:JWN).

on 22/03/2013

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Apparel Stores industry of the Services Sector is in the news, as its stocks showed bearish momentum during the previous trading session. Michael Kors Holdings Ltd (NYSE:KORS) remained a high volume stock in its industry and Nordstrom, Inc. (NYSE:JWN) gained attention of investors and both stocks were showing superb trends during previous trade.

Michael Kors Holdings Ltd (NYSE:KORS) unveiled that Ann McLaughlin Korologos and Jean Tomlin have been selected to the Board of Directors of Michael Kors Holdings.

 Is KORS a Solid Investment at These Levels? Read This Report For Details

Services sector stock showing negative movement during the previous trade, Michael Kors Holdings Ltd (NYSE:KORS) remained among the day losers and traded with volume of 3,729,200 shares in the last trading session, as compared to average volume of 7.39 million shares.

The stock on Thursday decreased -2.36% and finished the day at $55.05. Michael Kors Holdings was a loser in the 5 days activities and slipped about -5.4%. The 52 week range of the stock remained $35.50 – $65.10. The one month performance of stock was negative and it fell more than -6%.

How Should Investors Trade KORS Now? Don’t Miss out a Special Trend Analysis

Nordstrom, Inc. (NYSE:JWN) declared that it plans to open two new stores in the fall 2013, around 33,000-square-foot store, a Nordstrom Rack at Shelbyville Road Plaza in Louisville, Ky, the retailer’s first location in the state and a 35,000-square-foot store, a Nordstrom Rack, at the Shoppes at University Town Center to serve customers in the Sarasota-Bradenton metro area, in Florida.

Nordstrom was moving downward during the previous trading session. Nordstrom, Inc. (NYSE:JWN) traded with a fall of -0.47% and closed at $52.90 after gaining total volume of 1,576,400 shares. Its opening price was $52.89.

What Are JWN’s Charts Signaling for Traders? Find Out Here

If we look at the previous six month’s performance of the stock, it remained pessimistic with the loss of -5.62%. In its last one month’s trade it plunged -2.02%. Nordstrom’s earnings per share is $3.57, while its beta value stands at 1.65 times. JWN has a total market capitalization of $10.42 billion with a total of 197.00 million outstanding shares.

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Source: smartotc Posted Fri, March 22, 2013 13:04 - Permalink