RTTNews | Dec 20, 2021 12:49PM EST

12:48 Monday, December 20, 2021 (RTTNews.com) - Georgia-based children's wear company, Carter's, Inc. (CRI), is trading 7% lower in the Monday market despite the company not reporting any corporate-specific results to affect the stock.

The company usually deals in children's clothing and apparel through its multiple brands like Carter's, OshKosh, Skip Hop, Child of Mine, Just One You, etc. The company operates in 19,800 wholesale locations. The company operates in 864 retail stores and also through e-retail platforms.

The stock of the company has dropped 10% in the past 30 days. Currently, the stock is trading at $97.17, down $7.30 or 6.99% since the previous close at $104.47. The stock opened at $103.09 in the morning. In the 52-week period, the stock ranged between $80.50 and $116.92 per share.

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