Shares of JCPenney sank as much as 9% in morning trading ... Although it has been profitable its stock has trailed Home Depot's performance over the last two …
That means JCPenney is now a penny stock, Wall Street jargon for a company with a stock price in the low single digits. Perhaps the most worrisome thing for JCPenney, though, is that it appears to be running out of both cash and time to …
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: …
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 …
JCPenney's stock price fell by as much as 8% on Tuesday morning following …
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, …