JC Penney Shares Are Getting Annihilated Right Now

JC Penney shares instantly tanked in after-hours trading after the department store chain reported a horrific fourth quarter with sales missing expectations as same-store sales plunged by 32 per cent.

Management has been hosting a conference call with analysts since 5:00 PM ET.  And it isn’t helping.

Here’s a look at the after-hours trading in JCP:

jc penney

Photo: MarketWatch

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