Diamonds and Dogs
Children's Place (PLCE) takes off. The retailer is up 5% following strong earnings. Children's Place easily beat expectations by $3.46 as sales rose 70.8% year over year to $435.8 million. Wedbush upgraded the stock to Outperform with a 12-month price target of $150 a share.
Kohls (KSS) and BJs (BJ) taking a dive. BJs is down 5% following strong earnings but did not give any guidance going forward while many retailers like Target and Walmart are raising guidance. Kohl's beat estimates and raised guidance, but the stock still sold off 9% following earnings.
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