JC Penney: A Buy Or A Sell After Friday’s Drop? – Seeking Alpha
Seeking Alpha |
JC Penney: A Buy Or A Sell After Friday's Drop?
Seeking Alpha Nonetheless, the retailer's announcement of store closures and weak 2017 guidance triggered a sell-off in the stock. J.C. Penney's share price has slumped ~40 percent since December. I think J.C. Penney makes for an interesting speculative BUY. JC Penney to close 130 to 140 stores, sales dipMarketWatch A Strategic Mistake That Still Haunts JC PenneyForbes JC Penney to shut 130-plus stores, offer early retirementsBusiness Insider Allentown Morning Call –Syracuse.com –Detroit Free Press –cleveland.com all 517 news articles » |