Nordstrom sees criticism of Trump as excellent publicity, share prices continue to rise

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Nordstrom sees criticism of Trump as excellent publicity, share prices continue to rise

After Nordstrom announced that it would no longer sell Ivanka Trump products , and subsequent criticism of her father’s company, Donald Trump, the firm was widely mentioned in the media, such Chile Mobile Number Database that its share prices continue to rise. If the president of the United States, Donald Trump, thought of affecting Nordstrom with his criticism, it was the opposite, since the price of the company’s shares has risen more than 7 percent since last February 8.

In Trump’s criticisms of the company, he said that “it was unfairly treated by Nordstrom”, while the company assured the decision to no longer sell Ivanka Trump products worked for them to “break through.” However, following the cancellation announcements and criticisms, the company fell slightly before starting to rise and surpassed the barrier of $ 46 per share, while before Trump’s remarks, the share price was $ 42.65.

The rise in its shares is helping the company recover almost all of the losses it had since the beginning of the year, as the retail firm has been fighting in the market against retail giants such as Walmart Phone Number List and Amazon. Although Trump supporters may not be buyers of Nordstrom , the firm will inspire many people to buy in its stores, however, analysts believe that if Trump proposes it, he could initiate media attacks against the company, since it “has the ability to create a bloodbath and I could do it without problems.

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