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Why is JCPenney stock so low?

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Shares of J.C. Penney (NYSE: JCP) were tumbling today for the second day in a row. On Monday, when the ailing department store's stock gave up 5.6%, it largely was due to the broad-market sell-off on news of the deteriorating trade situation with China. As of 11:26 a.m. EDT, the stock was down 6.9%.
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