Express Inc. Lower Despite Q3 Beat And Raised Guidance

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Express Inc.
EXPR
shares are trading lower by $$1.10 at $17.29 in Thursday's session. Despite a Q3 beat of $0.02 with $5M more in revenues and FY 2015 guidance, the issue is in the red. The report instigated a higher open, that continued only a penny to $18.34 before reversing course. The high matched its November 12 at $18.35. The ensuing decline took the issue beyond its August 24 low ($16.23) to $15.84 before rebounding back over $16.
Posted In: TechnicalsIntraday UpdateMoversTrading IdeasPremarket outlook
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