The lifestyle brand has faced not really well period during the pandemic even though its online store has operated decently. Going for new ventures with other newer brands may push the reversed stock higher.
Recently, Naked Brands and Nike surged by adding significant points and increasing market caps due to high demand from online shoppers. Right now clothing and apparel brands are at catapults of stock exchanges. Anytime they may rise by showing their good financial standings that were a result of massive lockdown in Q2.
Hopefully, the new price of APEX will attract serious buyers as EPS should increase after expected high financial results for Q3 and Q4.
Finance and Entertainment Reporter
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