The Children's Place Secures $90 Million Lifeline from Mithaq Capital: What It Means for Investors and the Retail Landscape. In a significant move to bolster its financial stability, The Children's Place, Inc. (Nasdaq: PLCE), a leading omni-channel children's specialty apparel retailer, has announced securing a $90 million unsecured and subordinated term loan from its majority shareholder, Mithaq Capital SPC. ...
$チルドレンズ・プレイス(PLCE.US)$soared more than 60% intraday Wednesday after the struggling retailer announced $90 million in new financing one day after the stock hit a 22-1/2-year low. PLCE rallied as much as 60.3% to an $11.40 intraday high before pulling back to change hands at $8.34 shortly after 1 p.m. ET, ahead 17.3% on the day. The stock rose on heavy volume of about 11.5 million shares vs. its 850,000 10-day average. Child...
Despite a recent price hike, the company's weak revenue and negative growth outlook hint at unsustainable current price levels. While the market anticipates revenue improvement, analysts lack confidence in a turnaround, potentially setting investors up for disappointment.
Daight : May I know why do you watch plce if their bankruptcy is looming? shouldn't you avoid them?
Stock_Driftスレ主 Daight: ???? Who???
Daight : $チルドレンズ・プレイス (PLCE.US)$ this one I mean.
you put bankruptcy looming.
Stock_Driftスレ主 Daight: Did you do any research on it yourself?
Stock_Driftスレ主 Daight: Bad news isn’t necessarily bad news, check their ticker.
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