Cache (CACH -3.4%) slumps after losing its cachet with analysts at Piper Jaffray, as they take...

|By:, SA News Editor

Cache (CACH -3.4%) slumps after losing its cachet with analysts at Piper Jaffray, as they take their rating on the retailer down to Neutral from Overweight. A core issue for the company is its dependence on mall traffic, which is viewed as weakening.