The new strategy boosted sales at the chain — and the company’s stock tripled over a four-year period. Ellison’s hire at JCPenney was well-received by Wall Street: …
JC Penney's stock price dropped by as much as 8% Tuesday morning following the news that CEO Marvin Ellison would be leaving the company to lead home …
J.C. Penney Co. Inc. (NYSE: JCP) dropped about 8.8% Tuesday to post a new 52-week low of $2.28. Shares closed at $2.50 on Monday and the stock’s 52-week …
On Tuesday, J.C. Penney's stock dropped 6 percent, or 15 cents, to $2.35.“I had no idea this was happening,” said one vendor source. “It’s terrible. Now we will have …
naming J.C. Penney (JCP.N) Chief Executive Marvin Ellison to replace CEO Robert Niblock, who will retire in July. As one of the hedge fund industry’s most closely watched activist investors, Ackman’s stock bets tend to push up shares of …
OMG, J.C. Penney Co. (JCP) ! Its leader has bailed when that's about ...
(Back in March, that news sparked the ignominious result of a surging stock price, as investors cheered Lowe ... It’s also a significant gut punch for JCPenney, …
In the 1960s, J.C. Penney underwent a major transformation as an evolution ... The day of the Q1 release, the company's stock traded as low as $2.65 per share, less than half of its (still pretty low) 12-month high last July of $5.56 per share.
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JCPenney 's stock price fell by as much as 8% Tuesday morning following the news that CEO Marvin Ellison would be leaving the company to lead home …