Children's Place (NASDAQ:PLCE) Stock

Children's Place

Children's Place Inc operate an omni-channel children's specialty portfolio of brands in North America. It design, contract to manufacture, and sell fashionable, high-quality apparel, accessories and footwear predominantly at value prices under proprietary The Children's Place, Place, Baby Place, Gymboree, Sugar & Jade, and PJ Place brand names.

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General

PLCE

Children&#39;s Place stock rises after reporting a 3.4% increase in net sales for the six-week period ending December 14, 2024.

What&#39;s Going On With Children&#39;s Place Stock Today?

earnings

Children&#39;s Place shares are pulling back Monday following large gains last week after the company posted a second-quarter earnings beat. Here&#39;s what to know:

PLCE hands children

Earnings

Children&#39;s Place shares are soaring Wednesday after the company posted a second-quarter earnings beat before the opening bell. Here&#39;s a look at the details from the report:

What&#39;s Going On With Children&#39;s Place Stock After Q2 Earnings?

Children's Place, Inc. (The) - Common Stock

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Shares of retail companies are trading lower possibly due to worse-than-expected Michigan consumer sentiment for February. The sector may be weighed down following weak guidance from e.l.f Beauty and Amazon.

&nbsp;Shares of retail stocks are trading lower as investors evaluate U.S. tariff risks which may negatively impact industry revenues.&nbsp;
&nbsp;Shares of retail stocks are trading lower as investors evaluate U.S. tariff risks which may negatively impact industry revenues.&nbsp;

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Shares of retail and apparel stocks are trading lower as investors evaluate U.S. tariff risks which may hinder industry sales.

<h3>Gainers</h3>
<ul>
<li>Sunlands Technology (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STG#NYSE">STG</a>) shares rose 12.0% to $6.2 during Wednesday's pre-market session. The company's market cap stands at $85.0 million. </li>
<li>Cheetah Net Supply Chain (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CTNT#NASDAQ">CTNT</a>) stock increased by 11.69% to $2.77. The company's market cap stands at $8.9 million. </li>
<li>Fenbo Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FEBO#NASDAQ">FEBO</a>) shares increased by 10.34% to $1.6. The company's market cap stands at $17.7 million. </li>
<li>Algorhythm Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RIME#NASDAQ">RIME</a>) stock rose 8.67% to $0.04. The market value of their outstanding shares is at $3.5 million. </li>
<li>Children's Place (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLCE#NASDAQ">PLCE</a>) shares rose 7.89% to $10.93. The market value of their outstanding shares is at $139.7 million. </li>
<li>Damon (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DMN#NASDAQ">DMN</a>) shares increased by 7.45% to $0.69. The company's market cap stands at $15.2 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Sypris Solutions (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SYPR#NASDAQ">SYPR</a>) stock declined by 8.9% to $2.04 during Wednesday's pre-market session. The company's market cap stands at $46.9 million. </li>
<li>Connexa Sports Techs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/YYAI#NASDAQ">YYAI</a>) stock decreased by 8.84% to $0.7. The company's market cap stands at $10.2 million. </li>
<li>Chijet Motor Co (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CJET#NASDAQ">CJET</a>) shares declined by 8.1% to $1.93. The company's market cap stands at $13.5 million. </li>
<li>Twin Vee PowerCats (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VEEE#NASDAQ">VEEE</a>) shares decreased by 6.85% to $0.41. The company's market cap stands at $6.0 million. </li>
<li>Mynd.ai (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/MYND#AMEX">MYND</a>) shares decreased by 4.91% to $1.55. The company's market cap stands at $70.7 million. </li>
<li>Phoenix Motor (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PEV#NASDAQ">PEV</a>) stock fell 4.39% to $0.26. The market value of their outstanding shares is at $9.7 million. 
See Also: <a href="http://www.benzinga.com/money/best-consumer-cyclical-stocks/" title="www.benzinga.com/money/best-consumer-cyclical-stocks/">www.benzinga.com/money/best-consumer-cyclical-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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Connexa Sports Technologies Inc. - Common Stock

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12 Consumer Discretionary Stocks Moving In Wednesday's Pre-Market Session

Offerings

Children's Place Commences Rights Offering To Purchase Up To $90M In Shares Of Common Stock, Representing 9.23M Shares Of Common Stock

<h3>Gainers</h3>
<ul>
<li>Canoo (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOEV#NASDAQ">GOEV</a>) stock rose 37.9% to $0.15 during Tuesday's pre-market session. The company's market cap stands at $15.8 million. </li>
<li>Cango (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CANG#NYSE">CANG</a>) shares rose 26.77% to $6.96. The market value of their outstanding shares is at $726.3 million. </li>
<li>Algorhythm Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RIME#NASDAQ">RIME</a>) stock moved upwards by 19.62% to $0.1. The market value of their outstanding shares is at $1.7 million. </li>
<li>Visionary Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GV#NASDAQ">GV</a>) shares increased by 15.75% to $1.91. The market value of their outstanding shares is at $7.2 million. </li>
<li>Pinstripes Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PNST#NYSE">PNST</a>) shares rose 12.49% to $0.63. The company's market cap stands at $25.2 million. </li>
<li>Children's Place (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLCE#NASDAQ">PLCE</a>) stock moved upwards by 12.19% to $12.24. The company's market cap stands at $156.3 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>EVgo (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EVGO#NASDAQ">EVGO</a>) stock decreased by 22.5% to $4.9 during Tuesday's pre-market session. The market value of their outstanding shares is at $526.0 million. </li>
<li>Sypris Solutions (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SYPR#NASDAQ">SYPR</a>) stock decreased by 10.76% to $1.41. The market value of their outstanding shares is at $32.4 million. </li>
<li>XWELL (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/XWEL#NASDAQ">XWEL</a>) shares fell 10.11% to $1.69. The company's market cap stands at $8.8 million. </li>
<li>Charles &amp; Colvard (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CTHR#NASDAQ">CTHR</a>) stock fell 9.64% to $1.5. The market value of their outstanding shares is at $4.6 million. </li>
<li>Jeffs Brands (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JFBR#NASDAQ">JFBR</a>) shares decreased by 8.92% to $2.35. The company's market cap stands at $1.6 million. </li>
<li>Dogness (Intl) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DOGZ#NASDAQ">DOGZ</a>) stock declined by 8.44% to $46.76. The market value of their outstanding shares is at $595.2 million. 
See Also: <a href="http://www.benzinga.com/money/best-consumer-cyclical-stocks/" title="www.benzinga.com/money/best-consumer-cyclical-stocks/">www.benzinga.com/money/best-consumer-cyclical-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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12 Consumer Discretionary Stocks Moving In Tuesday's Pre-Market Session

Children&#8217;s Place, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLCE#NASDAQ">PLCE</a>) shares are trading higher on Tuesday following the announcement of preliminary partial fourth-quarter results for the six-week period from November 3 to December 14, 2024. The company reported a <a target="_blank" href="https://www.benzinga.com/pressreleases/24/12/g42529179/the-childrens-place-reports-preliminary-partial-fourth-quarter-sales-results-through-december-14-2" rel="noreferrer noopener">3.4% increase in net sales year-over-year.</a>
This uptick also represents a positive shift compared to the year-to-date performance seen during the third quarter of fiscal 2024.
However, while overall net sales showed growth, the company experienced challenges in specific sales channels.
Brick-and-mortar revenue decreased due to a lower store count. Comparable retail sales dropped by 8.9% for the six-week period. A reduction in e-commerce sales largely drove this decline, as the company took steps to improve profitability by scaling back unprofitable promotional strategies, Children&#8217;s Place said in a press release.
Also Read:<a target="_blank" href="https://www.benzinga.com/markets/cryptocurrency/24/12/42534950/bitcoin-price-sets-all-time-high-of-108388-then-dips-to-106k-what-is-going-on" rel="noreferrer noopener"> Bitcoin Price Sets All-Time High Of $108,388, Then Dips To $106K: What Is Going On?</a>
On a positive note, wholesale revenue increased, helping to offset declines in other areas.
It&#8217;s important to note that these preliminary results are unaudited and subject to change, as they reflect only part of the fourth quarter&#8217;s performance, the company said.
Earlier this month, the company declared third-quarter results where net sales decreased&nbsp;18.8% to $390.2 million.
In the third quarter, comparable retail sales decreased 17.1% largely driven by the planned decrease in e-commerce revenue, as the company proactively sacrificed unprofitable sales to improve profitability.
Price Action: PLCE shares are trading higher by 6.37% to $11.61 at last check Tuesday.
Read Next:&nbsp;
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/24/12/42490266/bitcoin-to-180000-ethereum-over-6000-solana-to-500-vanecks-2025-crypto-predictions" target="_blank" rel="noreferrer noopener">Bitcoin To $180,000, Ethereum Over $6,000, Solana To $500: VanEck&#8217;s 2025 Crypto Predictions</a></li>
</ul>

What's Going On With Children's Place Stock Today?

The Children's Place Reports Prelim Results, Reports Net Sales For Six-Week Period Ending Dec. 14 Increased 3.4%; Comparable Retail Sales Decreased 8.9%

<h3>Gainers</h3>
<ul>
<li>Cheetah Net Supply Chain (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CTNT#NASDAQ">CTNT</a>) shares rose 318.2% to $7.82 during Tuesday's pre-market session. The market value of their outstanding shares is at $19.6 million. </li>
<li>Foresight Autonomous (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FRSX#NASDAQ">FRSX</a>) stock rose 15.9% to $0.72. The company's market cap stands at $11.1 million. As per the news, the Q3 earnings report came out 2 days ago. </li>
<li>Ambow Education Holding (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/AMBO#AMEX">AMBO</a>) shares rose 14.41% to $1.86. The market value of their outstanding shares is at $5.2 million. </li>
<li>Mynd.ai (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/MYND#AMEX">MYND</a>) stock moved upwards by 13.13% to $2.67. The market value of their outstanding shares is at $121.8 million. </li>
<li>Laureate Education (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LAUR#NASDAQ">LAUR</a>) stock rose 10.09% to $20.73. The market value of their outstanding shares is at $3.1 billion. </li>
<li>Jeffs Brands (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JFBR#NASDAQ">JFBR</a>) shares rose 8.91% to $2.81. The company's market cap stands at $2.0 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Thunder Power Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AIEV#NASDAQ">AIEV</a>) shares declined by 14.9% to $0.32 during Tuesday's pre-market session. The company's market cap stands at $16.3 million. </li>
<li>Children's Place (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLCE#NASDAQ">PLCE</a>) shares fell 14.31% to $13.84. The market value of their outstanding shares is at $176.0 million. As per the press release, Q3 earnings came out today. </li>
<li>Vision Marine (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VMAR#NASDAQ">VMAR</a>) stock decreased by 10.04% to $1.79. The company's market cap stands at $1.6 million. </li>
<li>Allurion Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALUR#NYSE">ALUR</a>) shares fell 9.0% to $0.33. The market value of their outstanding shares is at $21.4 million. </li>
<li>Amer Sports (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AS#NYSE">AS</a>) stock declined by 7.39% to $24.2. The company's market cap stands at $12.2 billion. </li>
<li>ECD Automotive Design (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ECDA#NASDAQ">ECDA</a>) stock decreased by 7.12% to $0.91. The company's market cap stands at $31.5 million. 
See Also: <a href="http://www.benzinga.com/money/best-consumer-cyclical-stocks/" title="www.benzinga.com/money/best-consumer-cyclical-stocks/">www.benzinga.com/money/best-consumer-cyclical-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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The earnings results for Children's Place (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLCE#NASDAQ">PLCE</a>) for Q3 were made public on Tuesday, December 3, 2024 at 08:00 AM.
Here's a comprehensive overview of the announcement.
<h3>Earnings</h3>
Children's Place missed estimated earnings by -22.0%, reporting an EPS of $2.04 versus an estimate of $2.63.
Revenue was down $90.06 million from the same period last year.
<h3>Historical Earnings Summary</h3>
Last quarter the company beat on EPS by $1.4 which was followed by a 25.0% increase in the share price the next day.
Here's a look at Children's Place's past performance:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q2 2024</th>
<th>Q1 2024</th>
<th>Q4 2023</th>
<th>Q3 2023</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>-1.1</td>
<td>-1.88</td>
<td>-1.66</td>
<td>3.56</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>0.3</td>
<td>-1.18</td>
<td>-7.38</td>
<td>3.22</td>
</tr>
<tr>
<td>Revenue Estimate</td>
<td>327.38M</td>
<td>458.85M</td>
<td>459.32M</td>
<td>471.82M</td>
</tr>
<tr>
<td>Revenue Actual</td>
<td>319.65M</td>
<td>267.88M</td>
<td>455.03M</td>
<td>480.23M</td>
</tr>
</tbody>
</table>

To track all earnings releases for Children's Place <a href="https://www.benzinga.com/quote/PLCE/earnings">visit their earnings calendar here.</a> 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Children's Place: Q3 Earnings Insights

The Children's Place shares are trading lower after the company reported a year-over-year decrease in Q3 financial results.

The Children's Place Q3 Adj. EPS $2.04 vs $3.22 YoY , Revenue $390.2M, Down 18.8% YoY

UBS analyst Jay Sole maintains Children's Place (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLCE#NASDAQ">PLCE</a>) with a Neutral and lowers the price target from $18 to $17.

Price Target

Analyst Ratings

UBS Maintains Neutral on Children's Place, Lowers Price Target to $17

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Abnormal amounts of trading activity could push option prices to hyperbolic or underperforming levels. 
Here's the list of options activity happening in today's session: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>TSLA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>11/22/24</td>
<td>$350.00</td>
<td>$44.4K</td>
<td>20.8K</td>
<td>86.3K</td>
</tr>
<tr>
<td>RIVN</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>09/19/25</td>
<td>$7.50</td>
<td>$166.5K</td>
<td>6.9K</td>
<td>6.5K</td>
</tr>
<tr>
<td>ETSY</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$55.00</td>
<td>$27.9K</td>
<td>2.9K</td>
<td>2.1K</td>
</tr>
<tr>
<td>DKNG</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$47.00</td>
<td>$268.4K</td>
<td>1.3K</td>
<td>1.4K</td>
</tr>
<tr>
<td>NIO</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>04/17/25</td>
<td>$5.00</td>
<td>$65.2K</td>
<td>35.6K</td>
<td>1.1K</td>
</tr>
<tr>
<td>MBLY</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>02/21/25</td>
<td>$20.00</td>
<td>$68.0K</td>
<td>5.1K</td>
<td>919</td>
</tr>
<tr>
<td>BROS</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>12/20/24</td>
<td>$52.50</td>
<td>$25.2K</td>
<td>198</td>
<td>595</td>
</tr>
<tr>
<td>PLCE</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>11/22/24</td>
<td>$16.00</td>
<td>$55.0K</td>
<td>30</td>
<td>586</td>
</tr>
<tr>
<td>BABA</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>11/29/24</td>
<td>$88.00</td>
<td>$49.8K</td>
<td>1.4K</td>
<td>494</td>
</tr>
<tr>
<td>CAVA</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>12/20/24</td>
<td>$130.00</td>
<td>$43.0K</td>
<td>2.1K</td>
<td>335</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These bullet-by-bullet explanations have been constructed using the accompanying table. 
• Regarding TSLA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>), we observe a call option sweep with neutral sentiment. It expires in 4 day(s) on November 22, 2024. Parties traded 49 contract(s) at a $350.00 strike. This particular call needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $44.4K, with a price of $906.0 per contract. There were 20837 open contracts at this strike prior to today, and today 86346 contract(s) were bought and sold. 
• For RIVN (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RIVN#NASDAQ">RIVN</a>), we notice a put option trade that happens to be bearish, expiring in 305 day(s) on September 19, 2025. This event was a transfer of 1500 contract(s) at a $7.50 strike. The total cost received by the writing party (or parties) was $166.5K, with a price of $111.0 per contract. There were 6939 open contracts at this strike prior to today, and today 6500 contract(s) were bought and sold. 
• Regarding ETSY (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ETSY#NASDAQ">ETSY</a>), we observe a call option sweep with bearish sentiment. It expires in 60 day(s) on January 17, 2025. Parties traded 150 contract(s) at a $55.00 strike. This particular call needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $27.9K, with a price of $186.0 per contract. There were 2980 open contracts at this strike prior to today, and today 2154 contract(s) were bought and sold. 
• Regarding DKNG (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DKNG#NASDAQ">DKNG</a>), we observe a call option sweep with bearish sentiment. It expires in 214 day(s) on June 20, 2025. Parties traded 639 contract(s) at a $47.00 strike. This particular call needed to be split into 16 different trades to become filled. The total cost received by the writing party (or parties) was $268.4K, with a price of $420.0 per contract. There were 1367 open contracts at this strike prior to today, and today 1452 contract(s) were bought and sold. 
• Regarding NIO (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NIO#NYSE">NIO</a>), we observe a call option trade with bearish sentiment. It expires in 150 day(s) on April 17, 2025. Parties traded 742 contract(s) at a $5.00 strike. The total cost received by the writing party (or parties) was $65.2K, with a price of $88.0 per contract. There were 35615 open contracts at this strike prior to today, and today 1182 contract(s) were bought and sold. 
• Regarding MBLY (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MBLY#NASDAQ">MBLY</a>), we observe a call option sweep with bullish sentiment. It expires in 95 day(s) on February 21, 2025. Parties traded 400 contract(s) at a $20.00 strike. This particular call needed to be split into 32 different trades to become filled. The total cost received by the writing party (or parties) was $68.0K, with a price of $170.0 per contract. There were 5147 open contracts at this strike prior to today, and today 919 contract(s) were bought and sold. 
• For BROS (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BROS#NYSE">BROS</a>), we notice a call option sweep that happens to be bullish, expiring in 32 day(s) on December 20, 2024. This event was a transfer of 266 contract(s) at a $52.50 strike. This particular call needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $25.2K, with a price of $95.0 per contract. There were 198 open contracts at this strike prior to today, and today 595 contract(s) were bought and sold. 
• Regarding PLCE (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLCE#NASDAQ">PLCE</a>), we observe a call option sweep with bullish sentiment. It expires in 4 day(s) on November 22, 2024. Parties traded 500 contract(s) at a $16.00 strike. This particular call needed to be split into 14 different trades to become filled. The total cost received by the writing party (or parties) was $55.0K, with a price of $110.0 per contract. There were 30 open contracts at this strike prior to today, and today 586 contract(s) were bought and sold. 
• Regarding BABA (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BABA#NYSE">BABA</a>), we observe a call option trade with bullish sentiment. It expires in 11 day(s) on November 29, 2024. Parties traded 194 contract(s) at a $88.00 strike. The total cost received by the writing party (or parties) was $49.8K, with a price of $257.0 per contract. There were 1457 open contracts at this strike prior to today, and today 494 contract(s) were bought and sold. 
• Regarding CAVA (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CAVA#NYSE">CAVA</a>), we observe a put option sweep with bullish sentiment. It expires in 32 day(s) on December 20, 2024. Parties traded 100 contract(s) at a $130.00 strike. This particular put needed to be split into 20 different trades to become filled. The total cost received by the writing party (or parties) was $43.0K, with a price of $430.0 per contract. There were 2159 open contracts at this strike prior to today, and today 335 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more about unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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10 Consumer Discretionary Stocks With Whale Alerts In Today's Session

The Children's Place shares are trading higher after the company announced it launched a storefront on SHEIN through a partnership.

The Children's Place Launches Storefront On SHEIN, Bringing Trend-Right, Affordable Kids' Apparel To Millions Of Families Globally; Partnership Enhances Omnichannel Strategy And Expands Brand Reach

<h3>Gainers</h3>
<ul>
<li>Connexa Sports Techs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/YYAI#NASDAQ">YYAI</a>) shares rose 36.7% to $5.62 during Wednesday's regular session. The company's market cap stands at $36.1 million. </li>
<li>REE Automotive (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/REE#NASDAQ">REE</a>) shares moved upwards by 20.69% to $8.13. The market value of their outstanding shares is at $88.0 million. </li>
<li>Container Store Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TCS#NYSE">TCS</a>) stock rose 18.45% to $12.67. The company's market cap stands at $43.5 million. </li>
<li>Mondee Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MOND#NASDAQ">MOND</a>) shares moved upwards by 17.39% to $1.35. The company's market cap stands at $118.0 million. </li>
<li>MEDIROM Healthcare Techs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRM#NASDAQ">MRM</a>) shares increased by 16.99% to $4.2. The company's market cap stands at $20.7 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Jiade (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JDZG#NASDAQ">JDZG</a>) stock decreased by 25.2% to $0.83 during Wednesday's regular session. The market value of their outstanding shares is at $20.2 million. </li>
<li>Children's Place (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLCE#NASDAQ">PLCE</a>) stock declined by 21.99% to $10.95. The market value of their outstanding shares is at $139.3 million. </li>
<li>JX Luxventure (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JXJT#NASDAQ">JXJT</a>) shares declined by 20.18% to $1.44. The company's market cap stands at $8.7 million. </li>
<li>Digital Brands Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DBGI#NASDAQ">DBGI</a>) stock declined by 19.57% to $0.18. </li>
<li>Ambow Education Holding (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/AMBO#AMEX">AMBO</a>) stock decreased by 13.07% to $1.73. The company's market cap stands at $4.9 million. </li>
<li>Algorhythm Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RIME#NASDAQ">RIME</a>) shares decreased by 12.38% to $0.4. The company's market cap stands at $3.8 million. 
See Also: <a href="http://www.benzinga.com/money/best-consumer-cyclical-stocks/" title="www.benzinga.com/money/best-consumer-cyclical-stocks/">www.benzinga.com/money/best-consumer-cyclical-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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Shares of apparel-related stocks are trading lower possibly amid overall market weakness. Also, the sector could be pulling back from Friday's rally after the dockworkers reached a tentative deal to suspend their strike.

UBS analyst Jay Sole maintains Children's Place (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLCE#NASDAQ">PLCE</a>) with a Neutral and raises the price target from $12 to $18.

UBS Maintains Neutral on Children's Place, Raises Price Target to $18

KIRK

Shares of companies in the retail industry are trading higher following the Fed's policy decision to cut rates, which could support consumer spending. Additional, the industry may be moving on continued strength following strong August retail sales data.

Children's Place's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLCE#NYSE">PLCE</a>) short percent of float has risen 26.48% since its last report. The company recently reported that it has 2.82 million shares sold short, which is 53.78% of all regular shares that are available for trading. Based on its trading volume, it would take traders 9.27 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Children's Place Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1726692321_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Children's Place has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.
<h3>Comparing Children's Place's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Children's Place's peer group average for short interest as a percentage of float is 12.24%, which means the company has more short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

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(PLCE) - Analyzing Children's Place's Short Interest

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The Children's Place Reports Second Quarter 2024 Results

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Philip Ende Joins The Children's Place as Head of Real Estate

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The Children's Place Reports Third Quarter 2024 Results

The Children's Place Reports Preliminary Partial Fourth Quarter Sales Results Through December 14, 2024

The Children's Place, Inc. Announces Commencement of Rights Offering

The Children's Place Announces Appointment to Its Board of Directors

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