Kevin's home of interesting stuff
Sunday 13 August 2017
State of Retail: JC Penny Plunges, Now a “Penny” Stock; Amazon to Blame?
Mish Talk
:
JC
Penney announced a $62 million dollar loss for the quarter. With the announcement, its share price plunged 16% breaking the $4 barrier for the first time. Stocks under $5 are considered “penny” stocks.
Cont....
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