Nordstrom stock gains after Trump Attack

Following the tweet by president Donald Trump criticising clothing retailer Nordstrom for removing his daughter Ivanka’s clothing line from shelves the company has seemingly broken the trend of companies surfing financial hits on the back of the President.

Capital HardTalk reported Donald Trump’s remarks on the cost of renewing airforce one, a tweet that cost the company tens of millions in stock value loss. This followed a consistent trend of companies losing value after criticism from the President but this latest attack has had precisely the opposite effect, one possible reason for this could be the allegations of abuse of the presidency for business gain.

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