The following video is from Tuesday's Investor Beat, in which host Chris Hill and analysts Jason Moser and Bill Barker dissect the hardest-hitting investing stories of the day.
Shares of J.C. Penney (NYSE:JCP) fell more than 12% on Tuesday. On Monday, the retailer announced that CEO Ron Johnson will be replaced by former CEO Myron E. "Mike" Ullman III. What can Ullman do to reverse the retailer's fortunes? Should investors buy stock in J.C. Penney? In this installment of Investor Beat, our analysts discuss the future of J.C. Penney. That story, plus a recap of today's Dow performance.
The relevant video segment can be found between 0:17 and 3:04.