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J. C. Penney Company, Inc. Addresses New York Stock Exchange Listing Standards
August 08, 2019
PLANO, Texas, Aug. 8 -- J.C. Penney, an apparel and home furnishings retailer, issued the following news release:

J. C. Penney Company, Inc. (NYSE: JCP) announced today that it received notification from the New York Stock Exchange (NYSE) on Aug. 6, 2019, that the Company is no longer in compliance with NYSE continued listing criteria, which require listed companies to maintain an average closing share price of at least $1.00 over a consecutive 30 trading-day period.

In . . .

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