US: JC Penney to sell 84m shares to raise extra cash
Shares in JC Penney Company fell 8.8% after-hours trading yesterday (26 September) after the US department store retailer said it would sell 84m shares of its common stock in a secondary offering.
Shares in JC Penney Company fell 8.8% after-hours trading yesterday (26 September) after the US department store retailer said it would sell 84m shares of its common stock in a secondary offering.