Now, as retailers scramble to beef up their online presence and create shopping ‘experiences’ that will draw in foot traffic, investors have to choose wisely if they’re going to take a chance on the beaten down sector. JCP stock is down more …
JCPenney slashed third-quarter profit forecasts amid an effort to liquidate less-popular products from its stores. The lowered guidance spurred a stock price plunge that reached as much as 25%. JCPenney just keeps sliding into the …
Such speculation is irrelevant at this point, of course. JCP stock is taking a 4% hit today on the heels of a Q1 report that gave shareholders more reason to panic than party. While JCPenney remains optimistic, the market is concerned last …
J C Penney Company Inc (NYSE: JCP) stock crashed more than 17 percent Friday to its lowest level since the 1980s after the company issued deep cuts to its 2017 guidance ahead of the critical holiday shopping season. The latest cut …
Investors cannot seem to get enough J.C. Penney Co. Inc. (NYSE: JCP) stock Wednesday morning. The company reported what can only be called awful results, missing on both earnings per share and revenues. But there was plenty …
“When J.C. Penney has a hot selling item, they may not know it for two months,” …
After hours on Thursday, shares rose more than 10%. Despite the jump, we’re not ready to buy JCP stock. With an earnings per share (EPS) loss of $0.75 and $2.8 billion in revenue, J.C. Penney Company Inc. beat Thomson Reuters …
Shares of J.C. Penney Company, Inc. (NYSE: JCP) rose last month as the department store chain got a boost from a strong holiday sales report. According to data from S&P Global Market Intelligence, shares finished January up 17%. …
J C Penney Company Inc. (NYSE:JCP) has been in a slump for the past 5 years. The department store found itself caught in the retail apocalypse along side most of its peers as Amazon.com Inc. (NASDAQ:AMZN) transformed the industry …