J C Penney Company Inc (JCP)
$0.18 0.00 (0.00%)
18:30 EDT JCP Stock Quote Delayed 30 Minutes
Previous Close $0.18
Market Cap 57.20M
PE Ratio -9.10
Volume (Avg. Vol.)
Day's Range 0.18 - 0.18
52-Week Range 0.14 - 1.26
Dividend & Yield N/A (N/A)
JCP Stock Predictions, Articles, and J C Penney Company Inc News
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Stocks like J.C. Penney should serve as a learning lesson and a warning. When JCP stock vanished, it all but wiped out longs too.
J.C.Penney is restructuring and liquidation could also be a possibility. In both scenarios though, common shareholding could be wiped out
Don't waste your time on JCP stock, the firm has very little chance of making it back from the dead
JCPenny stores closing down during 2020 are expanding to include an additional 13 locations and seven of those are in Michigan.
Once representing a fixture in American popular culture, JCP stock has crumbled into obsolescence. There’s a reason for that, which is why you shouldn’t touch it.
Wild speculation has boosted JCP stock in recent weeks. This speculation is unchecked and unwarranted, and won't end well for shareholders.
Once the bankruptcy judge sorts out who’s owed what, there typically isn’t any money left for the old equity shareholders. As for the creditors, they often aren’t made 100% whole by the bankruptcy plan; their debt is converted into new equity. The common shareholders are at the end of the line.
JCPenny (JCPNQ) is closing more stores in 2020 and 'InvestorPlace' has collected a list of the affected locations in each state.
Traders shouldn't bet on a recovery at J.C. Penney. The current bankruptcy process is overwhelmingly likely to leave the current stock worthless.
With J.C. Penney’s bankruptcy, JCP stock may appeal to risk-tolerant speculators. But if you can’t afford burning money, stay away!
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From Seeking Alpha