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JCPenny Trading Up 7.19% (JCP)

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Is now the time to enter JCPenny's (NYSE: JCP)? Shares are trading up 7.19% today following the announcement that the company had added new members to its board of directors.

Bill Ackman increased his stake in JCP today, which last traded at $32.52, up from $30.34 from at yesterday's close.

 

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