Nordstrom is crashing

Nordstrom just reported ugly third-quarter earnings, and the stock is crashing.

Shares fell 16% in after-hours trading.

More to come …

NOW WATCH: The killer jobs report could mean a rate hike in December

NOW WATCH: Money & Markets videos

Business Insider Emails & Alerts

Site highlights each day to your inbox.

Follow Business Insider Australia on Facebook, Twitter, LinkedIn, and Instagram.