JC Penney Shares Fall After-Hours on Chatter of Secondary
March 04, 2013 at 17:04 PM EST
Shares of J.C. Penney (NYSE: JCP ) fell over 5% in Monday's after-hours session, trading below $16. J.C. Penney had been down for most of the day, ultimately closing at $16.74, for a loss of about 5%. The company had been squaring off with Macy's (NYSE: M ) in