Now, the St. Louis, Missouri-based kids retail company may have investors over the past year saying “Where Absurd Returns Are Made.” Children's Place Inc (NASDAQ: PLCE) is trading significantly higher Thursday after the company reported better-than-expected earnings results.Why did the children's place stock go down?
A weak quarter and a disappointing outlook for the holiday period pushed the stock down. Shares of the children's apparel retailer fell after it badly missed the mark in its fourth-quarter earnings report. Shares of the kidswear retailer slipped as the company cut its full-year earnings guidance in its earnings report.Is the children's place stock on the watchlist?
There are currently no items in this Watchlist. Create a list of the investments you want to track. Something went wrong while loading Watchlist. Visit a quote page and your recently viewed tickers will be displayed here. Can the Uptrend Continue for The Children's Place (PLCE)?What is the hold rating on the children's place stock?
The consensus among Wall Street equities research analysts is that investors should "hold" The Children's Place stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in PLCE, but not buy additional shares or sell existing shares.