CNBC   |  August 26, 2013

Ackman's fund sells entire JC Penney stake

CNBC's Seema Mody reports JC Penney fell nearly 2 percent after Ackman's fund announced it is selling its entire stake in the retailer. Larry Glazer, Mayflower Advisors, and Michael Cuggino, Permanent Portfolio Funds, weigh in.

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