JCPenney Shares Spike After Report Of New Financing Deal

This just in from CNBC’s David Faber…

The embattled retailer’s stock is soaring on the news. Shares of JCPenney were last up more than 10%. 

Yahoo! Finance

NOW WATCH: Money & Markets videos

Business Insider Emails & Alerts

Site highlights each day to your inbox.

Follow Business Insider Australia on Facebook, Twitter, LinkedIn, and Instagram.