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It's tempting to try and wait it out. Give J. C. Penney Company (NYSE:JCP) enough time, it will win by attrition. Sears Holdings (OTCMKTS:SHLDQ) is on it last leg, and Amazon.com (NASDAQ:AMZN) can ...
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Consider that JCP has become a penny stock, with JCP stock price today hovering around $1.05. The result is that the market cap of JCP stock is currently a lowly $375 million, even though the ...
As of 10:30 a.m. ET, the Plano, Texas-based firm's stock was down more than 10% to 65 cents. JCPenney Stock Plummets as Investors Lose Faith in the Retailer’s Turnaround Efforts Skip to main content
On December 26, the stock price of JCPenney (NYSE: JCP) fell below $1 per share. This was the first time shares fell below $1 ever 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. [63]
During the second quarter of the year, JC Penney reported losses per share of 38 cents. It was also a blow to JCP stock by coming in well below Wall Street’s losses per share estimate of 6 cents ...
Additional Sears store closures and the liquidation of Bon-Ton could help J.C. Penney accelerate its sales growth later this year. That would be great news for J.C. Penney stock.
JC Penney's (JCP) holiday sales might have been hurt by stiff competition from e-commerce players. JC Penney Stock Down More Than 10% on Dismal Holiday Sales Skip to main content