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financial

February 28, 2013

J.C. Penney Shares Down 17% as Global Stocks Rise

Most markets end day on up note as investors retreat from Penney’s following dramatic fourth-quarter loss.

By Samantha Conti and Vicki M. Young

with contributions from Arnold J. Karr

financial/news

J.C. Penney Co. Inc. shares endured a heavy sell-off Thursday as most U.S. retailers and global indices enjoyed a strong day.

While the majority of U.S. retail stocks rose in Thursday’s...

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Latest Articles from Business

J.C. Penney Shares Down 17% as Global Stocks Rise

Most markets end day on up note as investors retreat from Penney’s following dramatic fourth-quarter loss.

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