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The Children's Place Inc. (PLCE) Is Sinking After Management Changes

The Children's Place Inc. (PLCE) announced Monday morning that Pamela Wallack and Anurup Pruthi have left the company to pursue other opportunities.

Children's Place gapped open sharply lower this morning and has continued to fall in early trade. Shares are now down 18.84 at $139.11. The stock has fallen to over a 1-week low.

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