JC Penney News: J.C. Penney: A Multi-Bagger Contrarian Turnaround Investment

seekingalpha…
[at Seeking Alpha] – Bill Ackman took about a $400 million loss on J.C. Penney ( JCP ), a retail investment that didn’t quite work out for him as intended. His hedge fund has given up on bringing change to the board and the …

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