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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 ...
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
Sales and earnings plunged again last quarter, but J.C. Penney stock surged anyway as the company presented the beginnings of a turnaround plan. Why J.C. Penney Stock Surged 23% on Thursday Skip ...
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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]
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.
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