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PLCE −17.86% today · Analysis updated Nov 13, 2026, 9:47 AM ET
Why is The Children's Place (PLCE) stock down today?
PLCE is a bankrupt-company stock trading on speculation. The company filed Chapter 11 on Nov 8 and plans to sell substantially all assets. Liabilities were $881.3M at Aug 1, against an equity value of only about $4-18M. Bloomberg reported that existing equity holders are widely expected to be wiped out under any restructuring. The shares fell about 42% on Nov 9-10 to $0.1985. They then spiked from $0.1985 on Nov 11 to an intraday high of $1.09 on Nov 12. Volume was roughly 338M shares, with no company disclosure explaining it, and commentary points to squeeze chatter. The close was $0.444. Today the price is about $0.36, down about 18% from that close. The sale process has drawn nine offers, with bids due Dec 9 and a target of closing before year-end. Delisting risk is high. Volatility is extreme, and the fundamentals (first-half net loss of about $84.1M, Q2 revenue down 18.9%) point to little or no equity recovery.
News behind the analysis
- Children's Place files for bankruptcy, seeks to sell most of its assetsChapter 11 filing aims to sell substantially all assets after a first-half net loss of about $84.1M. Stores remain open.
- Children's Place (PLCE) Files Chapter 11 Bankruptcy, Shares Tumble 42%Shares fell nearly 42% on Monday after the filing. The report flags an Altman Z-Score of 0.31, a distress signal.
- Children's Place Shares Jump 257.63% After Hours Following Chapter 11 Bankruptcy FilingShares surged after hours as the company said it is in talks with multiple parties on going-concern deals. Market cap is about $4.35M.
- Children's Place (NASDAQ:PLCE) Climbs 297.98% Despite Its Chapter 11 CaseThe sale process has drawn nine offers, with bids due Dec 9. Liabilities were $881.3M against a market value of about $4.4M.
- Children's Place weighs bankruptcy sale or liquidation, Bloomberg reportsBloomberg reported a dual-track sale or liquidation process. Existing equity holders were widely expected to be wiped out.
- 12 Consumer Discretionary Stocks Moving In Thursday's Pre-Market SessionPLCE was up 388.7% to $0.97 in pre-market trading on Thursday, with a market value of $4.4M.
- Top Apparel Stocks To Consider - November 12thAbout 262.6M shares traded versus an average volume of about 3.06M. The 50-day moving average is $1.52.
- PLCE - Childrens Place Inc Stock Price and QuoteThe news timeline shows the Nov 8 sale-process announcement, a Nov 9 store-closing report, and a securities lawsuit notice. It also cites chatter about a squeeze.
- PLCE Stock Price, News & AnalysisThe 8-K of Nov 9 says stores remain open during the Chapter 11 case and an asset sale is planned. The stock closed at $0.1985 on Nov 11.
- Children's Place News Today (PLCE)The news feed shows the Chapter 11 filing, officer resignations and the board appointment. It also shows a Neutral rating from UBS.