George Soros Reports A 7.9% Stake In JCPenney And The Stock Is Soaring

via Human EventsBillionaire hedge fund manager George Soros has reported a 7.91% stake in JCPenney, according to a securities filing with the SEC.

The stock is soaring in after-hours trading. 

JCPenney was last trading up about 6 per cent.

More to come…

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