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J. C. Penney Company, Inc. (NYSE: JCP) shares closed down 8.27 percent on Thursday with nearly 56 million shares traded. The stock was one of the biggest decliners and even hit a new low of $5.69 during intra-day trading. The company recently has amended and extended its poison pill in an effort to discourage potential buyers from taking hold of the company at will. J. C. Penney announced its board had approved an extension to the expiration date of its existing shareholder rights plan to Jan. 26, 2017.
Get more information on J. C. Penney Company, Inc. and free access to the in-depth equity report at: www.TrendingWallStreet.com/stockquote/JCP
22nd Century Group, Inc. (OTCBB: XXII) shares closed up 11.91 percent on Thursday with a little over 800,000 shares traded. The stock was one of the biggest gainers in the OTCBB market and hit a new 52-week high of $2.70 during intra-day trading. The Company filed its 2013 report on Form 10-K with the Securities and Exchange Commission. For year ended December 31, 2013, revenues were $7.28 million, compared to $0.02 million for 2012. The increase in revenues in 2013 was primarily due to licensing revenue from British American Tobacco (Investments) Limited of $7 million.
Get more information on 22nd Century Group, Inc. and free access to the in-depth equity report at: www.TrendingWallStreet.com/stockquote/XXII
Facebook, Inc. (NASDAQ: FB) shares closed up 14.10 percent on Thursday with over 150 million shares traded. The stock had one of the biggest volume advances in the NASDAQ and hit a new record high of $62.50 during intra-day trading. The big move came after the company reported that revenue rose 63 percent to $2.59 billion and profit excluding some items was 31 cents a share,. Analysts on average had projected sales of $2.35 billion and profit of 27 cents, according to estimates compiled by Bloomberg.
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