J.C. Penney files for bankruptcy amid Coronavirus Pandemic
PLANO, TX — (05-15-20) — J.C. Penney announced Friday it has filed for bankruptcy, marking the largest retail industry casualty so far during the coronavirus pandemic. The stock price for J.C. Penney plummeted last month to a penny stock, closing on Friday at $0.24 [NYSE:JCP] Per share. The 118-year-old department store chain had already racked [...]