Ultime notizie per Children's Place (NASDAQ:PLCE) Azioni

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.

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

Children's Place Inc

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.

News

Price Target

Analyst Ratings

PLCE

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.

Options

BABA

BROS

CAVA

DKNG

ETSY

MBLY

RIVN

TSLA

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

WIIM

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.

Movers

AMBO

DBGI

JDZG

JXJT

MOND

RIME

Connexa Sports Technologies Inc. - Common Stock

YYAI

11 Consumer Discretionary Stocks Moving In Wednesday's Intraday Session

BURL

FORD

ROST

SCVL

SHOO

ULTA

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

CHWY

KIRK

SFIX

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.

Short Sellers

Short Ideas

Trading Ideas

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

Children&#8217;s Place, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLCE#NASDAQ">PLCE</a>) shares are pulling back Monday following large gains after the company posted a <a href="https://www.benzinga.com/news/earnings/24/09/40818077/whats-going-on-with-childrens-place-stock-after-q2-earnings">second-quarter earnings beat last week.</a>
The Details:
Children's Place shares jumped last week following the company's second-quarter earnings release. Children's Place beat earnings expectations, though quarterly sales declined, which the company attributed to cost-cutting measures, significantly improved profitability. 
Additionally, stores saw a positive comparable store sales result for the first time since 2021, driven by stronger units per transaction and conversion metrics and improving traffic trends, while wholesale business rebounded with double-digit growth.&nbsp;&nbsp;
Read Next: <a href="https://www.benzinga.com/news/24/09/40856610/why-temu-parent-pdd-holdings-stock-is-down">Why Temu Parent PDD Holdings&#8217; Stock Is Down</a>
Though Children's Place stock is pulling back Monday, it remains up by more than 160% over the past five days. According to data from <a href="https://pro.benzinga.com/?gspk=YWRhbWVja2VydDUzMzY&amp;gsxid=zBMR4PKmcgBw">Benzinga Pro</a>, Children's Place shares are trading well-above the stock&#8217;s 50-day moving average of $7.31 and 53.68% of shares are being sold short which may be contributing to the volatility. 
<h3 class="wp-block-heading">How To Buy PLCE Stock: </h3>
By now you're likely curious about how to participate in the market for Children&#8217;s Place &#8211; be it to purchase shares, or even attempt to bet against the company.
Buying shares is typically done through a brokerage account. You can find a list of <a href="https://www.benzinga.com/money/best-stock-trading-platforms">possible trading platforms here.</a> Many will allow you to buy ‘fractional shares,' which allows you to own portions of stock without buying an entire share. For example, some stock, like Berkshire Hathaway, can cost thousands of dollars to own just one share. However, if you only want to invest a fraction of that, brokerages will allow you to do so. 
If you're looking to bet against a company, the process is more complex. You'll need access to an options trading platform, or a broker who will allow you to ‘go short' a share of stock by lending you the shares to sell. The process of shorting a <a href="https://www.benzinga.com/money/how-to-short-a-stock">stock can be found at this resource.</a> Otherwise, if your broker allows you to trade options, you can either buy a put option, or sell a call option at a strike price above where shares are currently trading &#8211; either way it allows you to profit off of the share price decline.
PLCE Price Action: According to <a href="https://pro.benzinga.com/?gspk=YWRhbWVja2VydDUzMzY&amp;gsxid=zBMR4PKmcgBw">Benzinga Pro</a>, Children's Place shares are down 16.2% at $12.17 at the time of publication Monday.
Read Also:
<ul>
<li><a href="https://www.benzinga.com/news/24/09/40854633/oracle-stock-climbs-on-104-billion-fy29-revenue-forecast-what-to-know">Oracle Stock Climbs On $104 Billion FY29 Revenue Forecast: What To Know</a></li>
</ul>
Image: Gerd Altmann from Pixabay

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

Shares of retail and consumer discretionary stocks are trading higher following better-than-expected consumer sentiment data. Strong earnings from RH may also be lifting consumer spending sentiment.

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>BULLISH</td>
<td>09/13/24</td>
<td>$230.00</td>
<td>$27.3K</td>
<td>26.5K</td>
<td>167.9K</td>
</tr>
<tr>
<td>AMZN</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>10/18/24</td>
<td>$175.00</td>
<td>$26.6K</td>
<td>22.9K</td>
<td>17.5K</td>
</tr>
<tr>
<td>GM</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>09/20/24</td>
<td>$45.00</td>
<td>$49.4K</td>
<td>29.4K</td>
<td>3.4K</td>
</tr>
<tr>
<td>PLCE</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>09/20/24</td>
<td>$11.00</td>
<td>$37.0K</td>
<td>2.1K</td>
<td>1.0K</td>
</tr>
<tr>
<td>CZR</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>12/18/26</td>
<td>$43.00</td>
<td>$327.7K</td>
<td>158</td>
<td>801</td>
</tr>
<tr>
<td>KSS</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>10/18/24</td>
<td>$20.00</td>
<td>$71.5K</td>
<td>13.8K</td>
<td>559</td>
</tr>
<tr>
<td>AEO</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>10/18/24</td>
<td>$19.00</td>
<td>$34.6K</td>
<td>2.4K</td>
<td>514</td>
</tr>
<tr>
<td>AMRK</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>12/20/24</td>
<td>$45.00</td>
<td>$48.6K</td>
<td>117</td>
<td>354</td>
</tr>
<tr>
<td>SBUX</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$90.00</td>
<td>$31.1K</td>
<td>6.3K</td>
<td>299</td>
</tr>
<tr>
<td>LOW</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>10/18/24</td>
<td>$250.00</td>
<td>$40.8K</td>
<td>2.6K</td>
<td>228</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 bullish sentiment. It expires in 1 day(s) on September 13, 2024. Parties traded 100 contract(s) at a $230.00 strike. This particular call needed to be split into 21 different trades to become filled. The total cost received by the writing party (or parties) was $27.3K, with a price of $274.0 per contract. There were 26569 open contracts at this strike prior to today, and today 167964 contract(s) were bought and sold. 
• Regarding AMZN (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>), we observe a call option trade with bullish sentiment. It expires in 36 day(s) on October 18, 2024. Parties traded 19 contract(s) at a $175.00 strike. The total cost received by the writing party (or parties) was $26.6K, with a price of $1400.0 per contract. There were 22969 open contracts at this strike prior to today, and today 17531 contract(s) were bought and sold. 
• For GM (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GM#NYSE">GM</a>), we notice a put option sweep that happens to be bearish, expiring in 8 day(s) on September 20, 2024. This event was a transfer of 1409 contract(s) at a $45.00 strike. This particular put needed to be split into 55 different trades to become filled. The total cost received by the writing party (or parties) was $49.4K, with a price of $35.0 per contract. There were 29449 open contracts at this strike prior to today, and today 3419 contract(s) were bought and sold. 
• For PLCE (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLCE#NASDAQ">PLCE</a>), we notice a call option sweep that happens to be bearish, expiring in 8 day(s) on September 20, 2024. This event was a transfer of 185 contract(s) at a $11.00 strike. This particular call needed to be split into 31 different trades to become filled. The total cost received by the writing party (or parties) was $37.0K, with a price of $200.0 per contract. There were 2131 open contracts at this strike prior to today, and today 1034 contract(s) were bought and sold. 
• Regarding CZR (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CZR#NASDAQ">CZR</a>), we observe a call option sweep with bullish sentiment. It expires in 827 day(s) on December 18, 2026. Parties traded 373 contract(s) at a $43.00 strike. This particular call needed to be split into 15 different trades to become filled. The total cost received by the writing party (or parties) was $327.7K, with a price of $880.0 per contract. There were 158 open contracts at this strike prior to today, and today 801 contract(s) were bought and sold. 
• For KSS (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KSS#NYSE">KSS</a>), we notice a put option sweep that happens to be bearish, expiring in 36 day(s) on October 18, 2024. This event was a transfer of 500 contract(s) at a $20.00 strike. This particular put needed to be split into 26 different trades to become filled. The total cost received by the writing party (or parties) was $71.5K, with a price of $143.0 per contract. There were 13802 open contracts at this strike prior to today, and today 559 contract(s) were bought and sold. 
• For AEO (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AEO#NYSE">AEO</a>), we notice a call option sweep that happens to be bullish, expiring in 36 day(s) on October 18, 2024. This event was a transfer of 318 contract(s) at a $19.00 strike. This particular call needed to be split into 10 different trades to become filled. The total cost received by the writing party (or parties) was $34.6K, with a price of $109.0 per contract. There were 2418 open contracts at this strike prior to today, and today 514 contract(s) were bought and sold. 
• For AMRK (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMRK#NASDAQ">AMRK</a>), we notice a put option sweep that happens to be bearish, expiring in 99 day(s) on December 20, 2024. This event was a transfer of 157 contract(s) at a $45.00 strike. This particular put needed to be split into 10 different trades to become filled. The total cost received by the writing party (or parties) was $48.6K, with a price of $310.0 per contract. There were 117 open contracts at this strike prior to today, and today 354 contract(s) were bought and sold. 
• For SBUX (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SBUX#NASDAQ">SBUX</a>), we notice a put option sweep that happens to be bullish, expiring in 127 day(s) on January 17, 2025. This event was a transfer of 105 contract(s) at a $90.00 strike. This particular put needed to be split into 7 different trades to become filled. The total cost received by the writing party (or parties) was $31.1K, with a price of $297.0 per contract. There were 6394 open contracts at this strike prior to today, and today 299 contract(s) were bought and sold. 
• For LOW (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LOW#NYSE">LOW</a>), we notice a call option sweep that happens to be bullish, expiring in 36 day(s) on October 18, 2024. This event was a transfer of 51 contract(s) at a $250.00 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 $40.8K, with a price of $800.0 per contract. There were 2686 open contracts at this strike prior to today, and today 228 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 news on unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

AMRK

AMZN

SBUX

10 Consumer Discretionary Stocks Whale Activity In Today's Session

Children&#8217;s Place, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLCE#NASDAQ">PLCE</a>) shares are soaring Wednesday after the company posted a second-quarter earnings beat before the opening bell. 
The Details:
Children&#8217;s Place reported quarterly earnings of 30 cents per share which beat the analyst consensus estimate of losses of $1.10 per share.&nbsp;&nbsp;
The company reported quarterly sales of $319.655 million, below the consensus estimate of $327.38 million. Children's Place said the decrease in net sales was primarily driven by an anticipated decrease in ecommerce revenue, as the company proactively rationalized its unprofitable promotional strategies, inflated marketing spend and &#8220;free shipping&#8221; offers to significantly improve profitability.&nbsp;
The company said the cost-cutting measures improved the profitability of its ecommerce business and also benefited its brick-and-mortar channel.
Stores experienced a positive comparable store sales result for the first time since 2021, driven by stronger units per transaction and conversion metrics, and improving traffic trends. Wholesale business also rebounded with double-digit growth after a decline in the first quarter.
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&#8220;During the second quarter we proactively made certain strategic and operational changes to improve the profitability of the business and provide a foundation for future growth and we were pleased with the results. While we anticipated that these efforts would provide pressure to topline sales, we drove significant improvements in gross profit margin versus the prior year&#8217;s second quarter and sequential improvement in margin for two quarters, which is particularly important moving from the first quarter to the second quarter," said Muhammad Umair, President and Interim CEO.&nbsp;
Children's Place shares are moving higher on heavy trading volume following the print. Trading was halted for volatility just after the opening bell, and more than 22 million shares have already changed hands in Wednesday's session, according to the latest data from <a href="https://pro.benzinga.com/?gspk=YWRhbWVja2VydDUzMzY&amp;gsxid=zBMR4PKmcgBw">Benzinga Pro</a>.
PLCE Price Action: According to <a href="https://pro.benzinga.com/?gspk=YWRhbWVja2VydDUzMzY&amp;gsxid=zBMR4PKmcgBw">Benzinga Pro</a>, Children's Place shares are up 88.6% at $9.24 at the time of publication Wednesday.
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Image: Michal Jarmoluk from Pixabay

Earnings

What's Going On With Children's Place Stock After Q2 Earnings?

Children's Place Shares Resume Trade

Children's Place Shares Halted On Circuit Breaker To The Upside, Stock Now Up 53.1%

Children's Place shares are trading higher following a Q2 EPS beat.

Children's Place (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLCE#NASDAQ">PLCE</a>) reported quarterly earnings of $0.30 per share which beat the analyst consensus estimate of $(1.10) by 127.27 percent. The company reported quarterly sales of $319.655 which missed the analyst consensus estimate of $327.380 million by 100.00 percent. This is a 100.00 percent decrease over sales of $345.599 million the same period last year.

Children's Place Q2 2024 Adj. EPS $0.30 Beats $(1.10) Estimate, Sales $319.655 Miss $327.380M Estimate

The decrease in net sales compared to the&nbsp;first quarter&nbsp;2023 was primarily due to reductions in retail sales due to lower store count, traffic declines to stores, declines in ecommerce demand due to reductions in marketing resulting from liquidity challenges early in the quarter and decreases in wholesale revenue.

Children's Place Q1 Comparable Retail Sales Decrease 11.7%

Children&#39;s Place (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLCE#NASDAQ">PLCE</a>) reported quarterly losses of $(1.18) per share. This is a 41 percent increase over losses of $(2.00) per share from the same period last year. The company reported quarterly sales of $267.88 million. This is a 16.71 percent decrease over sales of $321.64 million the same period last year.

Children's Place Q1 Adj EPS $(1.18) Vs $(2.00) Last Year; Sales $267.88M, Down From $321.64M Last Year

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 $24 to $12.

UBS Maintains Neutral on Children's Place, Lowers Price Target to $12

Children's Place operations & finance chief Sheamus Toal to depart

Children's Place ( ($PLCE) ) has shared an announcement. The Children's Place, Inc. has announced key executive changes, appointing Laura Lentini a...

Children's Place Announces Executive Team Restructuring

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The Children's Place (PLCE) announced a groundbreaking partnership withglobal fashion and lifestyle online retailer, SHEIN. This collaboration brin...

Children's Place announces launch of storefront on SHEIN

Latest data shows the largest indicative borrow rate increases among liquid option names include: LASER PHOTONICS CORPORATION (LASE) 467.50% +104.1...

Largest borrow rate increases among liquid names

The Children's Place (PLCE) announced that Philip Ende has been appointed GVP, Head of Real Estate, effective November 11, 2024. As the Head of Rea...

Children's Place appoints Ende as GVP, Head of Real Estate

The Children's Place: All Eyes On Hopeful Q3 Turnaround Momentum

UBS lowered the firm's price target on Children's Place (PLCE) to $17 from $18 and keeps a Neutral rating on the shares. The firm sees more downsid...

Children's Place price target lowered to $17 from $18 at UBS

CMPO

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Press Releases

The Children's Place, Inc. Issues Chairman's Letter to Shareholders

Mithaq Announces Nominees for Election to the Board of Directors of Aimia

The Children's Place Reports First Quarter 2024 Results

Claudia Lima-Guinehut Rejoins  the Children's Place as Brand President

The Children's Place Reports Second Quarter 2024 Results

The Children's Place Announces Launch of Storefront on SHEIN

Contracts

THE CHILDREN'S PLACE ANNOUNCES LAUNCH OF STOREFRONT ON SHEIN

AIMIA AND MITHAQ SIGN COOPERATION AGREEMENT

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