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JC Penney issuing 84 million shares

Thu 26 Sep 13 | 05:15 PM ET
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JC Penney issuing 84 million shares

Thu 26 Sep 13 | 05:15 PM ET
JC Penney shares are sinking after hours on news the retailer is launching a new issuance of 84 million shares, reports CNBC's Kayla Tausche. The "Fast Money" traders take their positions.
 
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