Shares of JCPenney (JCP) Edge Higher as Ron Johnson Says He Was 'Pleased' with May Sales

June 19, 2012 2:45 PM EDT Send to a Friend
JCPenney (NYSE: JCP) shares have ticked higher over just the last few minutes of trade as the WSJ is reporting CEO Ron Johnson has said he was "pleased" with the retailers May sales.

The stock is still down nearly 10 percent to around $21.90, but is off afternoon lows set at about $21.65.


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Comments

JC Penney's fair and square.
Mark Yurkovich on 2012-06-24 06:45:05
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Ron Johnson needs to be sent packing before the inevitable bankrupcty filing he is steering into occurs.He apparently doesnt even reside in this hemisphere.


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