JCPenney nosedives to all-time low on big loss – CNNMoney

JCPenney nosedives to all-time low on big loss
CNNMoney
Another day, another big retailer in a world of pain. JCPenney revealed on Friday it lost more money than feared. The bleak news sent its stock plunging more than 15% and below $4 a share for the first time ever. Yup. JCPenney is now a penny stock — a …
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