Alert: Major Price Decline (10/16/24)-The Childrens Place Inc (NASDAQ: PLCE).

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The Childrens Place Inc (NASDAQ: PLCE) stock closed at $10.96 on 10/16/24 after a major decline of -21.9%. However, trading volume in this decline was below average at 75% of normal. The stock has declined -15.9% during the last week and has been extremely weak relative to the market over the last nine months.

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Current PriceTarget Research Rating

PLCE is expected to continue to be a modest Value Builder reflecting capital returns that are forecasted to be above the cost of capital.

Childrens Place is currently unrated.

Rating Review

The stock is currently unrated.

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