J.C. Penney, Inc. (JCP) Bust On Secondary Offering

J.C. Penney Company, Inc. (NYSE:JCP) shares have been trading wildly in recent days as the market tries to predict whether or not the firm is going to survive the Winter in its current form. This morning the company revealed that one of its senior executives resigned from the company last week. Stock dropped by more than 8% in morning trading.

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