J.C. Penney Company, Inc. (NYSE:JCP) is down 16.58% today at $27.78. JCP has traded 26 million shares so far today, 5 times its daily average. JCP shares dive on quarterly loss. The company reported a $0.25 per share loss for the first quarter. The company has a market cap of 6.09 billion.
Abercrombie & Fitch Co. (NYSE:ANF) is down 13.85% this morning at $39.04. ANF has traded 8.3 million shares today, 4 times its average volume. ANF shares are down as first quarter profit drops due to higher costs. The company has a market cap of 3.32 billion. [Read more...]