JCP Stock Tanks: Company Fails NYSE Listing Compliance
JCP stock is trading lower on Monday as JC Penney (NYSE:JCP) is no longer in compliance with the NYSE listing criteria. For many decades, retailer JC Penney was one of the giants of the industry. ... [Read]
JCP Stock Drops After Announcing Kansas Closure and 250 Layoffs
JCP stock is in the red today after JC Penney (NYSE:JCP) announced plans to close its customer service center in Kansas, eliminating almost 250 jobs following disappointing holiday sales. JCP Stock Continues Poor Start to ... [Read]
JCP Stock Tanks as Seasonal Same Store Sales Sink
JCP stock is tanking today after JC Penney (NYSE:JCP) reported a 7.5% decline in comparable same-store sales for the nine-week period ended January 4, traditionally the busiest time for retailers. Falling Holiday Sales Weigh on ... [Read]
JCP Stock Continues to Slide As Delisting Appears Imminent
J.C. Penney Company, Inc (NYSE:JCP) has been warned by the NYSE that it faces delisting from the exchange as JCP stock continues to tumble. The struggling American department store chain, which has 865 stores in ... [Read]
Will JCP Stock Rebound After Q2 Earnings This Week?
JC Penney (NYSE:JCP) will release its Q2 2019 earnings results on August 15, and investors are looking forward to the results. In the past few weeks, JCP stock has not been doing well, and it ... [Read]
JCP Stock Tumbles 15% on Reports of Debt Restructuring Options
JCP stock is taking a hit and fell over 15% on a report from Reuters that JC Penney (NYSE:JCP) is in talks with advisers on debt restructuring options Ballooning Debts American departmental store chain JC ... [Read]
Penny Stocks: Should You Invest in Brick and Mortar Retail?
J.C. Penney (NYSE:JCP) has been at the forefront of the retailpocalypse sweeping the globe. Despite taking a beating, this store is still going, and that is no easy feat in the current climate. Selling for ... [Read]