1. Big Hedge Fund Investors Are Abandoning JC Penney

    Big Hedge Fund Investors Are Abandoning JC Penney

    The era of JC Penney being a plaything for bigfoot hedge fund investors appears to be coming to a close. The struggling retailer has humbled some of the biggest names on Wall Street—handing them losses and leaving them with egg on their faces after they bet that the company could stage something of a rebound...

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