The S&P 500 closed at 2104.50 today, down 0.3%. A handful of stocks would have loved to slide only that much lower. GoPro Inc. (NASDAQ:GPRO), J C Penney Company Inc. (NYSE:JCP) and Herbalife Ltd. (NYSE:HLF) all took much, much bigger losses.
Right after J C Penney Company Inc (NYSE:JCP)released weaker-than-expected earnings for the fourth quarter, a New York State appeals court has revived two claims against it made by peer Macy's, Inc. (NYSE:M).
J. C. Penney Company Inc. (JCP - Analyst Report) posted breakeven results which were nowhere close to the Zacks Consensus Estimate of earnings of 14 cents per share, thus sending the shares down 12.7% during the after-market trading hours yesterday.
Analysts are weighing in today on department store chain J C Penney Company Inc (NYSE:JCP), alternative energy issue First Solar, Inc. (NASDAQ:FSLR), and drugmaker ACADIA Pharmaceuticals Inc. (NASDAQ:ACAD).