Is Jcp — A Good Stock To Buy

The active JCPenney retail business is now a private company. It was acquired out of bankruptcy by a consortium led by mall owners Simon Property Group and Brookfield Asset Management.

If you see any residual OTC quotes for "Old Copper Co" (the liquidated shell company), buying them is extremely risky and heavily discouraged. Retail investors are almost entirely guaranteed to receive no returns. is jcp a good stock to buy

The historic ticker "JCP" was suspended and delisted from the New York Stock Exchange in May 2020 after the company filed for Chapter 11 bankruptcy. 📌 Current Status of JCPenney The active JCPenney retail business is now a private company

You cannot buy the original stock on any major exchange. Retail investors are almost entirely guaranteed to receive

Under the final court-approved bankruptcy plan, the old common shares were canceled and deemed to have no value. Original shareholders lost their entire investment and do not own any part of the surviving private company. 🚫 Why You Cannot (and Should Not) Buy It