Trump attacks Nordstrom over Ivanka's line — the stock rises anyway

Feb 8, 2017: Trump attacked Nordstrom (JWN) for dropping his daughter Ivanka's clothing line, calling the treatment "terrible." The stock did the opposite of the other targets — it closed up about 4% on the day, as some investors bought in support and a retail-sales forecast landed minutes after the tweet. The honest counter-example: a presidential attack correlates with a move, but not always downward, and not necessarily because of the post. (Sources: Fortune, NPR, Washington Post, VOA — Feb 8