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Why Express Stock Is Trading Higher Today

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Why Express Stock Is Trading Higher Today

Express (NYSE: EXPR) shares are trading higher on Friday after the company announced 95% of its stores are open, showing sequential improvement. The company also reported its e-commerce demand was positive for the month of June.

Express, Inc. is a United States-based specialty apparel retailer. It offers apparel and accessories for work, casual, jeanswear, and going-out. The company also sells the products through its e-commerce website and mobile app, as well as through franchisees who operate company locations in Latin America according to the franchise agreements.

It derives revenue from the sales of apparel, accessories and other products, of which a majority of the revenue from the sale of apparel.

Express shares were trading up 3% at $1.54 at the time of publication on Friday. The stock has a 52-week high of $6.24 and a 52-week low of $1.24.

 

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