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The Children’s Place is the Place for Short Sellers
The stock’s slide has provided gains for short sellers — but pain for many hedge funds.
Specialty apparel retailer The Children’s Place became last week’s hot short bet after falling 23 percent Wednesday.Short sellers made $121.7 million that day alone, adding to their gains of 2019, which now come to $278.6 million, according to S3Partners, a financial technology and analytics firm. But while that’s good news for
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