J.C. Penney faces NYSE delisting

J.C. Penney faces NYSE delisting

J.C. Penney stock plummeted 12.1% in Friday trading after the department store retailer announced that it received a letter from the New York Stock Exchange on August 6 alerting it that it is no longer in compliance with listing criteria.

Tom A
Tom A
michael zubas
michael zubas 1 year

thats a good way to kill a company. and a good reason to not go public. unless you wanna do that. go on ahead.

Michael Schmidt
Michael Schmidt 1 year

In 10 years we are going to have a real problem with zombie retailers like K-mart and Sears just hobbling along begging to be put out of their misery.

Pariahwulfen
Pariahwulfen 1 year

Looks like Penny's is about to be a penny stock

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