JC Penney: What’s Left for Shareholders?

Another day, another downer for JC Penney (JCP). Bloomberg Yesterday, JC Penney fell after Maxim Group said JC Penney didn’t deserve to head higher (although it probably would). Today, shares of the retailer have dropped again after Wells Fargo downgraded its shares. Analyst Paul Lejuez explains why he cut JC Penney: JC Penney is making progress, but […]