JC Penney Jumps on News George Soros Is Shareholder

Associated Press via CNBC 25 Apr 2013

Shares of beleaguered retailer JC Penney rose more than 7 percent in aftermarket trading on Thursday after billionaire financier George Soros disclosed a 7.9 percent stake in the company.

Soros disclosed he owns about 17.4 million shares of the Plano, Texas, department store operator in a filing with […]