Cohen's SAC Capital Discloses 4.9% Stake In Children's Place (PLCE)
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In a 13G filing after the close, Steven Cohen's SAC Capital hedge fund disclosed a 4.9%, or 1,265,632 share, stake in The Children's Place Retail Stores, Inc. (Nasdaq: PLCE).
The firm ceased being a 5% or more holder, but the stake is significantly larger than the 252K share, or 0.97%, held at the end of 2010.
The firm ceased being a 5% or more holder, but the stake is significantly larger than the 252K share, or 0.97%, held at the end of 2010.
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