Will Ackman Hang on to J.C. Penney?

Will Ackman Hang on to J.C. Penney? Play

April 9 (Bloomberg) -- William Ackman’s losses on his investment in J.C. Penney surpassed $650 million as the shares fell following the departure of CEO Ron Johnson. Stephanie Ruhle reports on Bloomberg Television's "Money Moves." (Source: Bloomberg)

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