JC Penney Shares Are Exploding Higher And No One Knows Why

Here’s JC Penney’s intraday chart.  It’s up 9 per cent right now.

There’s no obvious news explaining why it’s up.  But something’s up.

jc penney

Photo: Google Finance


SEE ALSO: Huge Photos Of JCPenney’s Brand New Concept Shops >

NOW WATCH: Money & Markets videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at research.businessinsider.com.au.