J. C. Penney (JCP) Higher on Positive "15x" Ackman Comments

July 18, 2012 6:02 PM EDT
J. C. Penney (NYSE: JCP) is lifting after-hours Wednesday after large investor Bill Ackman said he thinks he can make 15x his investment. Ackman was speaking at the Delivering Alpha Conference.

Shares of JCP last traded at $20.16, up 2.3 percent.


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