Steve Cohen’s SAC Capital Likes The Children’s Place Retail Stores $PLCE
S
teve Cohen’s SAC Capital disclosed a 6% stake in The Children’s Place Retail Stores (PLCE) last week. Cohen had only 50K shares and $2.5 Million invested in the stock at the end of March. Now he has 1.56 Million shares and nearly $75 Million in PLCE. He paid around $53-54 per share. The stock currently trades at $49, so if you think Stevie…
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