J.C. Penney Co. Inc.’s stock is testing lows it hasn’t seen since 2000 as the company continues its search, not just for an operational turn around, but financial stability.
The stock fell as much as 16.6 percent to $9.93 in morning trading today — a level not seen since October 2000, when the market was still reeling after the dot-com bubble burst. As of 11:50 am on Wall Street, the stock was down 11.60 percent to $10.52, giving it a market capitalization of $2.32 billion. Nearly 61 million shares had traded hands, well ahead of the 18.8 million daily average for the last three months.
Steve Aoki held a presentation, a runway show and outdoor concert for his men's line Dim Mak. Here's a look from his spring 2018 collection, which was titled "Paradise Found." #wwdfashion #wwdmens (📷: George Chinsee)
"It's really hard sometimes. I think I have a reputation for being really tough and aggressive and pushy but I really am a very shy person who wants to be liked, and that's the conflict constantly. There's something that takes hold - I want people to like me, I don't want to be mean - but if I see something that just cries out to be answered, I go for it," says renowned NBC News correspondent Andrea Mitchell. (📷: @axeldupeux)