Shares of the department-store chain climbed on news about potential debt talks.
News & Analysis: J.C. Penney
J.C. Penney tries to rein in its debt, and Netflix remains under pressure.
While the company has taken positive steps for its business, J.C. Penney faces a tough turnaround.
After three days of monster gains, shares of the ailing retailer finally faded.
Shares of the department store chain popped again as news about a new brand launch seemed to lead to a short squeeze.
Each of these companies gave investors reason to feel more optimistic about its strategy.
The beleaguered retail name seems to be getting a second look.
A decimated department store stock shows signs of life and a fast-food chain bets on breakfast.
Insiders have snapped up more than 2 million shares of the stock over the past few weeks.
Investors bought the retailer's shares alongside company insiders.