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What's Happening With These Apparel Stores Stocks? — L Brands, Nordstrom, Children's Place, and Urban Outfitters

THIS POST WAS ORIGINALLY PUBLISHED ON THIS SITE Click Here To Read Entire Article

NEW YORK, Feb. 5, 2018 /PRNewswire/ —

WallStEquities.com strives to bring the best free research to the investment community. Today we are offering reports on LB, JWN, PLCE, and URBN which can be accessed for free by signing up to www.wallstequities.com/registration. Research coverage has been initiated by WallStEquities.com on L Brands Inc. (NYSE: LB), Nordstrom Inc. (NYSE: JWN), The Children’s Place Inc. (NASDAQ: PLCE), and Urban Outfitters Inc. (NASDAQ: URBN). Companies in the Apparel Stores industry operate physical retail establishments that sell clothing and accessories. The profitability of individual companies depends heavily on effective merchandising and marketing. All you have to do is sign up today for this free limited time offer by clicking the link below. www.wallstequities.com/registration

L Brands

Columbus, Ohio headquartered L Brands Inc.’s shares finished Friday’s session 3.73% lower at $47.51. A total volume of 5.22 million shares was traded, which was above their three months average volume of 4.48 million shares. The stock has gained 8.94% over the previous three months. The Company’s shares are trading below their 200-day moving average by 0.73%. Moreover, shares of L Brands, which operates as a specialty retailer of women’s intimate and other apparel, beauty and personal care products, and accessories, have a Relative Strength Index (RSI) of 31.59.  

On January 23rd, 2018, L Brands announced the closing of its previously announced offering of $500 million aggregate principal amount of 5.250% senior notes due 2028. The sale of the 2028 Notes was underwritten by BofA Merrill Lynch, Citigroup, HSBC, J.P. Morgan, and Wells Fargo Securities as joint book-running managers. Get the full research report on LB for free by clicking below at: www.wallstequities.com/registration/?symbol=LB

Nordstrom

Shares in Seattle, Washington-based Nordstrom Inc. ended the day 2.80% lower at $47.85 with a total trading volume of 1.84 million shares. The stock has advanced 19.80% in the previous three months and 9.97% over the past year. The Company’s shares are trading 0.96% and 5.11% above their 50-day and 200-day moving averages, respectively. Moreover, shares of Nordstrom, which provides apparel, shoes, cosmetics, and accessories for women, men, young adults, and children in the US and Canada, have an RSI of 41.89. 

On January 08th, 2018, Nordstrom announced that Karen McKibbin, President of Nordstrom Rack, will be retiring in March. Geevy Thomas, Chief Innovation Officer, will succeed McKibbin. Geevy, who joined the Company in 1983, has held numerous senior leadership positions throughout

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