JC Penney Shares Giving Up Gains as Analysts Look Skeptical Following Nov. Comps Figures
December 04, 2013 at 09:00 AM EST
Shares of JC Penney (NYSE: JCP ) touched a pre-market low at $9.62, but have since bounced to around $9.90. The stock hit a post-market high at $10.86 on Tuesday afternoon. A Wells Fargo analyst said he was "unimpressed" with the November same-store sales figures. Elsewhere, analysts at Deutsche Bank