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Actionable news in JCP: J.C. PENNEY COMPANY Inc,

J.C. Penney (JCP) Stock Closed Up After CEO Ellison Purchased Shares

NEW YORK (TheStreet) -- Shares of J.C. Penney (JCP) closed higher in Thursday's trading session after CEO Marvin Ellison purchased 50,000 shares today, according to an SEC filing.

The stock was bought at a weighted average price of about $9.92 a share, according to the filing.

J.C. Penney is a Plano, TX-based retailer.

Separately, TheStreet Ratings team rates the stock as a "hold" with a ratings score of...