‘No Compelling Reason’ to Buy JCP: Adami
Publishing timestamp: 2013-03-04 23:15:34
Summary
Deutsche Bank offering a block of 10 million shares of JCPenney is not seen as a compelling reason to invest in the stock by experts on "Fast Money." JCPenney's declining stock price and struggles to regain customers are highlighted, with the offer of shares not being seen as an endorsement of the company's strategy.
Sentiment: NEUTRAL
Keywords: business news, old copper company inc, herbalife ltd, vornado realty trust,
Source: https://www.cnbc.com/2013/03/04/no-compelling-reason-to-buy-jcp-adami.html