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J.C. Penney stock had yet another nasty fall on Tuesday, dropping nearly 9% to $7.17 -- a level not seen since the 1980s. J.C. Penney Stock Chart: 1980-present, data by YCharts. There was no ...
On December 26, the stock price of JCPenney (NYSE: JCP) fell below $1 per share. This was the first time ever that shares had fallen below $1 in the 110-year history of the company, which started trading on the New York Stock Exchange in 1929. The stock fell 68% over the course of 2018, including a 30% drop in December 2018 alone. [65]
Meanwhile, the stock's value had Every single earnings report during 2012 had missed expectations, and CEO Ron Johnson was scrambling to salvage his transformation plan. Why J.C. Penney Shares ...
J.C. Penney Co. Inc. (NYSE: JCP) stock has struggled once again this year, declining 11 percent year-to-date as the company tries to streamline its business and stay competitive in an evolving U.S ...
Shares of J.C. Penney were surging again today, up as much as 10% after getting an upgrade from Citigroup. Lifting his rating from neutral to buy, analyst Oliver Chen said same-store sales can ...
J.C. Penney posted a scant 0.2 percent increase in sales growth in the first quarter. Plagued by debt , disappointing earnings reports and nearly 140 store closings last year , total revenue fell ...
Sales and earnings plunged again last quarter, but J.C. Penney stock surged anyway as the company presented the beginnings of a turnaround plan.
J.C. Penney stock has plunged nearly 20% since the company released a worse-than-expected first-quarter earnings report. However, investors may be underestimating the retailer's longer-term prospects.