MARKET PULSE-World Wrestling, Kamada, TrueCar, Jumei, Overland Storage
U.S. stocks were little changed on Friday, with small-cap stocks underperforming the market. The Dow Jones industrial average was down 0.09 percent at 16,432.75, and the S&P 500 was down 0.05 percent at 1,869.94.
** J.C. PENNEY CO INC, $9.55, +14.10 pct
The retailer's return to "old school" retailing paid off for the second consecutive quarter. Comparable store sales rose 6.2 percent in the first quarter ended May 3, helped by demand for household goods, men's and women's clothing, and jewelry, the company reported on Thursday.
At least five brokerages raised their price targets on the company's stock.
"Whether you love or hate the name, JCP's first quarter release was solid ... with upside across both top-line and margins," JP Morgan analyst Matthew Boss said in a note.
** CHESAPEAKE ENERGY CORP, $27.61, -4.76 pct Continued...