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J.C. Penney Hits Another 52-Week Low

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  • Description

    FBN’s Nicole Petallides breaks down the day in the markets.

  • Duration 1:14
  • Date

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This transcript is automatically generated

Help families of the New York Stock Exchange you know we always get it.

We have to emphasised by the way there's no bond trading today when half the traders aren't there it's a slow -- not a lot of market activity.

But look at the -- it was down I don't know what it's down now but at last -- outlook was down about 9%.

All that volatility -- being squeezed out of the system after the election.

Right right it's a 1683.

On the one -- me you know the volatility concern about the election has passed a bit -- -- now there's.

Fiscal -- -- in worries out.

-- uncertainty still remains a certain extent.

And nick called JC Penney continues to be a big story hitting another 52 week low today.

Investors continue to run from this stock but they're not running from their strategy they're still -- and do it.

Right JC Penney had this strategy when the new guy came and Ron Johnson from apple no sales no coupons.

They're actually going to do want on Black Friday for the first time -- under its umbrella but.

I'm the big picture of his stock has been a big user experience in fact balcony and talk about big losers but an unusual case for apple -- just can't seem to get a break Kenneth.

Oh my goodness no I just checked on it is trading around five.

Candy thank you very much that you.

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