By and  on April 8, 2013

Retail stocks enjoyed increases Monday as investors lifted shares of J.C. Penney Co. Inc. 2.7 percent in anticipation of the end of Ron Johnson’s tenure as chief executive officer of the midtier retailer.

Shares added 42 cents, to close at $15.87, during Monday’s regular trading session as Wall Street waited for word that Johnson was out, and the stock continued to rise in early after-hours trading.

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