JC Penney News: JC Penney Selloff an Overreaction?

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Yesterday, J.C. Penney (JCP) got whacked when it failed to provide numbers to back up its claim that its customers had “responded well to the Company’s offerings” during the holiday season. Today, JC Penney is rallying after Piper Jaffray defended the stock. REUTERS Neely Tamminga and Kayla Berg call yesterday’s 10% selloff an “overreaction” and […]

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