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Children’s Place Inc.’s stock soared 86% Wednesday after the retailer topped analyst expectations with its first adjusted profit in two years.
Children’s Place
PLCE said its second-quarter net loss narrowed to $32.1 million, or $2.51 a share, from a loss of $35.4 million, or $2.82 a share, in the year-ago quarter.
This post was originally published on Market Watch
