JCPenney’s stock plunges to lowest levels since Great Depression
(New York Post Business)

Shares of JCPenney sank below $2 for the first time on Thursday after it forecast a wider-than-expected full-year loss and posted disappointing results on the back of price cuts across product lines. The company´s shares tumbled 26 percent to $1.78 in early trading, their lowest levels since listing on the New York Stock Exchange a...