Children's Place (PLCE) shares were up nearly 22% in recent trading Wednesday after shareholder Mithaq Capital reported it acquired roughly 5.1 million more shares at $9.75 per share via a recent rights offering.
In a regulatory filing, Mithaq said it now beneficially owns around 12.1 million shares of Children's Place after the recent equity transaction.
Price: 11.13, Change: +1.98, Percent Change: +21.64
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