Karen Finerman Missed On Children's Place Retail Stores, Inc. (PLCE)

CNBC Fast Money's Karen Finerman recommended investors, on October 12th, to buy Children's Place Retail Stores, Inc. PLCE. Back then, she thought that there is a chance that PLCE could spike 30%. Since Karen Finerman recommended PLCE, the stock has traded lower. Children's Place dropped 18%, after company decided to lower its guidance. Karen Finerman admitted that recommending a purchase of PLCE on October 12th was a bad call. She added that she likes this stock at its current price, and she has a long position in PLCE. Children's Place Retail Stores, Inc. PLCE gained 0.30% today, and closed at $46.32. In the after hours, it fell 1.70% to $45.53. On October 12th, PLCE closed at $56.55.