Gymboree goes bankrupt again, sells of to Children’s Place (PLCE, $89.92) and Gap (GPS, $27.21)
According to the bankruptcy court document, children’s apparel retailer Gymboree has sold itself to its rival Children’s Place. On the other hand Gap, who now plans to split into two separate companies, plans to acquire Gymboree’s high end children’s clothing line Janie and Jack.
Children’s Place will now pay $76 million to buy both Gymboree and its Crazy 8 brands, and will also enter into a contract with Singapore-based Zeavion Holding, who has brought Gymboree’s Play & Music business.
Gap will buy Janie and Jack’s intellectual property, its website, customer data and other assets for $35 million. In a separate deal, it also plans to buy the chain’s inventory from a liquidation company. These are yet to be approved by a bankruptcy court.
This is Gymboree’s second bankruptcy announcement in less than two years. Gymboree had filed for bankruptcy protection in January 2019, and said it would close 800 Gymboree and Crazy 8 stores.
PLCE's RSI Indicator climbs out of oversold territory
The RSI Oscillator for PLCE moved out of oversold territory on June 25, 2025. This could be a sign that the stock is shifting from a downward trend to an upward trend. Traders may want to buy the stock or call options. The A.I.dvisor looked at 34 similar instances when the indicator left oversold territory. In of the 34 cases the stock moved higher. This puts the odds of a move higher at .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on June 25, 2025. You may want to consider a long position or call options on PLCE as a result. In of 89 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for PLCE just turned positive on June 26, 2025. Looking at past instances where PLCE's MACD turned positive, the stock continued to rise in of 45 cases over the following month. The odds of a continued upward trend are .
Following a +2 3-day Advance, the price is estimated to grow further. Considering data from situations where PLCE advanced for three days, in of 269 cases, the price rose further within the following month. The odds of a continued upward trend are .
PLCE may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
Bearish Trend Analysis
The Stochastic Oscillator entered the overbought zone. Expect a price pull-back in the foreseeable future.
PLCE moved below its 50-day moving average on June 09, 2025 date and that indicates a change from an upward trend to a downward trend.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where PLCE declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
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