By  on July 31, 2013

Shares of J.C. Penney Co. Inc. dropped 10.2 percent Wednesday over concerns about its cash burn rate.

Shares of the retailer closed at $14.60 on the New York Stock Exchange and slipped a half percent more in early after-market trading.

To Read the Full Article
SUBSCRIBE NOW

Tap into our Global Network

Of Industry Leaders and Designers

load comments
blog comments powered by Disqus