Childrens Place Toys With Shorts After Q4 Beat
Childrens Place Inc (NASDAQ: PLCE) shares are trading higher by $5.47 at $76.15 in Tuesday's session.
The Street is cheering its Q4 earnings beat, as well as comps up 6.7 percent and raised Q1 and FY 2016 guidance. The company also raised its quarterly dividend from $0.15 to $0.20 per share.
After A higher open, it retreated only $0.30 to $73.50 before continuing its move higher. IT has easily surpassed its former all-time high of $69.90. So far, it reached $76.85 before retreating to it current level.
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