Kevin Fox
In the 2 hours following Ron Johnson's move from Apple VP of Retail to JC Penny CEO, $1.1billion of market cap shifted from Apple to JCP.
Seriously? - Mary B: #TeamMonique
Yup, mind you while that represents 19% of JCP's value it's only 0.3% of Apple's, and Apple's already having a good day. Interesting though! - Kevin Fox
Amazing. Course Penney needs more than Johnson's magic long-term. They need a reason to exist. - Mary B: #TeamMonique
"Johnson's magic" Ooh, nice wordplay. :-) - Kevin Fox
Thanks! ;-) - Mary B: #TeamMonique