JCPenney slides deeper into the retail apocalypse as it slashes profit forecasts

JCPenney slashed third-quarter profit forecasts as part of an effort to liquidate less popular products from its stores.The lowered guidance spurred a stock price plunge that reached as much as 29%.

JCPenney just keeps sliding into the retail apocalypse abyss, and its shares are paying a major price.

STOCK PRICE FOR JCPFull price informationHere's how to protect yourself against a stock market 'fragility event'A CEO says Bill Ackman told him he gets more 'clicks on the internet' than anyone...

What feeling does this article give you?
Joy
Disgust
Fear
Anger
Sadness

#hashtags to follow:

STOCK PRICE FOR JCPFull [+]    Bill Ackman [+]   

More #news: