J.C. Penney Slumps 6.8%, Erases Recent Gains
Posted on December 27, 2012 at 12:59 PM EST
Another day, another wild swing for J.C. Penney (JCP): While the retailer was bucking the trend yesterday and added more than 4%, it has given up all that ground and then some in today’s trading session, as it was recently down nearly 7%. Earlier this week, the company received a vote of confidence from Oppenheimer [...]