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Why The Children's Place Stock Was Charging Higher Today

Why The Children's Place Stock Was Charging Higher Today

Shares of The Children's Place (NASDAQ: PLCE) were climbing today even after the company issued a disappointing first-quarter earnings report. Shares of the children's apparel retailer were up 12.2% as of 2:06 p.m. ET on Thursday. Like other discretionary retailers, The Children's Place was up against difficult comparisons with the quarter a year ago, when consumers received stimulus checks.