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3 mins read

JCPenney has become TikTokers' unlikely beauty obsession

People on TikTok are sharing videos of their shopping trips at JCPenney Beauty, where they find pop…

Jennifer Ortakales Dawkins   


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2 mins read

Popular bankruptcy stocks Hertz, JCPenney plummet as risk-loving investors cash out

Both stocks recently surged on an unexpected wave of interest from retail traders looking for quick…

Ben Winck   


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JCPenney skyrockets 59% after dodging debt default with a last-minute interest payment

The company faced a payment deadline on May 7 and used a five-day grace period to consider alternat…

Ben Winck   


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1 min read

Bankruptcies have hit the fastest pace since the Great Recession — and more companies are expected to file

This year alone, 98 companies have filed for bankruptcy, the most since 2009, according to Bloomber…

Carmen Reinicke   


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Day traders are piling into Hertz, JCPenney, and other bankruptcy stocks despite the massive risks

"I don't think I'd have ever guessed before that *bankruptcy* itself would be an exciting investmen…

Theron Mohamed   


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'Bond King' Jeffrey Gundlach says the day-trading boom is 'downright terrifying'

The billionaire investor said in a Tuesday webcast: "Of course retail investor activity is downrigh…

Saloni Sardana   


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Theron Mohamed   


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US stocks rebound to end higher, led by tech shares as Twitter accepts Elon Musk's takeover bid

The S&P 500 avoided stretching its losing streak into a fourth session. The Nasdaq jumped as invest…

Carla Mozée   


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Enjoy Technology stock soars 400% to become latest bankrupt company to stage massive rally

Enjoy's inability to raise cash by selling more stock amid a painful bear market means it now must …

Matthew Fox   


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Kohl's reportedly receives $9 billion bid from hedge fund Starboard Value Group as Wall Street pressures the retailer to make major changes or sell

Though the department store had largely been able to avoid the demise of the retail apocalypse, its…

Emily Walsh   


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1 min read

JCPenney reports a wider loss than expected, stock gets smoked

"While broader retail remains challenged, we are encouraged by the improved performance in our tota…

Reuters,Akin Oyedele   


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Economist El-Erian says derivatives show retail traders may be drowned by a large correction in stocks

Allianz's chief economic adviser said:"The fear of missing out on an unceasing equity rally has inc…

Saloni Sardana   


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RETAIL ROUT: Bed Bath & Beyond, Kohl's, and JCPenney slip on dismal earnings and weak holiday sales

Also on Thursday morning, Kohl's and JCPenney both released holiday 2019 sales numbers. Kohl's repo…

Carmen Reinicke   


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2 mins read

JCPenney is tumbling after slashing its full-year guidance

"As such, we took necessary actions to markdown and clear excessive inventory positions across many…

Ethel Jiang   


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Dow climbs 358 points as Trump stimulus orders offset China tensions

Investors were encouraged by President Trump signing four executive actions over the weekend to ext…

Carmen Reinicke   


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Dow slides 300 points on fears the market is overheating, while Nasdaq closes at record high

Bankruptcy stocks Hertz and JCPenney plummeted more than 34% after a retail-investor influx drove m…

Ben Winck   


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Dow slumps 240 points on concerns that the market's rally has gotten overextended

Travel and retail stocks — which make up the popular "reopening trade" — slipped on the heels of bl…

Ben Winck   


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1 min read

JCPenney's Brief Stock Surge Is Over And Now It's Tanking

In the meantime, JCPenney board member and former Saks CEO Stephen Sadove would be a "quick, highly…

Hayley Peterson   


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JC Penney Looks Like The Cheapest Stock In The Whole Market

Then Yale economist Robert Schiller standardized that to ten years, and the cyclically adjusted pri…

Linette Lopez   


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JC Penney Announces Massive Share Offering, Stock Tanks

Shares of the troubled department store chain are down by around 5% following the news.J.C. Penney …

Sam Ro