JCPenney surges 23% after its 3rd-quarter earnings report wasn't as bad as analysts thought it'd be | Markets Insider

in dlike •  5 years ago 

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JCPenney reported fiscal third-quarter 2019 earnings on Friday that weren't as bad as Wall Street expected.

Shares of the retailer rose as much as 23% on the news in premarket trading Friday.

JCPenney is trying to turn itself around after struggling amid a tough retail landscape. 


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