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JCPenney: Prospects 'Bleak,' Stock Falls Below $1

  •, Thursday, December 27, 2018 9:30 AM
"As the Dow posted its biggest daily point gain ever, JCPenney's stock fell below $1 for the first time since it started trading in 1929," begins this CNN post, which reads almost like an obit. "The 110-year old company hasn't been profitable since 2010 and its prospects are bleak," it continues. 

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