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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
The ugly stick is being taken to dying department store J.C. Penney's stock price. Skip to main content. 24/7 Help. For premium support please call: 800-290-4726 more ways to reach us. Sign in ...
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This article originally appeared on USA TODAY: JCPenney is closing 8 locations by mid-2025. See the list. Show comments. Advertisement. Advertisement. In Other News. Entertainment. Entertainment.
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]
The news came after the company announced a 10 percent sales drop, equating to about $205 million. In a subsequent regulatory filing, the company said it would increase the number of store ...
In February 1929, about 25 dairies merged into a new organization to be named Foremost Dairy Products, Inc. This consolidation was announced by Dr. Burdette G. Lewis of the Penney-Gwinn Corporation, which was the primary party to the merger. Lewis to be President of the company and J. C. Penney, Chairman of the Board.
J.C. Penney's stock briefly surged on the news of Johnson's departure -- and then plummeted as soon as word came down that his predecessor, Myron Ullman, would be taking over.