J.C. Penney Shares Surge As Ackman Calls Search For New CEO
August 08, 2013 at 12:18 PM EDT
Shares of J.C. Pennery (NYSE: JCP ) surged Thursday by about 6 percent as an investor letter from Bill Ackman showed that he is pushing for the firm to find a new CEO. Ackman claims that a new CEO will be in place in the next 30-45 days. Also, Ackman
