J.C. Penney Reports Solid Sales, but Falls Prey to Broader Retail Collapse
The day's declines were more about the industry on the whole rather than the discount retailer's particular results.
Why Wall Street's Doubts About J.C. Penney Are a Buying Opportunity
Retailer took a drubbing in the market after earnings beat the Street, which is good news for investors.
J C Penney Company Inc Stock Down 14% After Better-Than-Expected Earnings: Here's Why
That's right. The longtime retailer's stock is getting crushed after beating analyst expectations and holding firm on its guidance for the rest of the year.