Express (EXPR) Stock Briefly Hits $5: All Eyes On Earnings

Express, Inc. (EXPR) stock is making significant gains in the morning session on Wednesday as stocks with high short-interest are moving higher like GME, AMC, KOSS.

Express (EXPR) Stock Briefly Hits $5: All Eyes On Earnings

After opening with a slight gain, EXPR stock has been picking up the momentum and now trading up by 23.45% to $4.87 propelling a three-day advance to +41% after hitting a session high of $5.15.

Although there is no fresh news this week, investors might get a clue from the company’s upcoming earnings next week. Express is all set to report its first-quarter 2021 results on Thursday, June 3, 2021, at 9:00 a.m. Eastern Time (ET).

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EXPR stock has seen a roller-coaster ride so far this year. The stock start the year at around $0.90 and soared all the way to its 52-week high of $13.97 in late January – that’s a 1200% jump in 4 weeks. However, since then the stock has been seeing selling pressure and moved back to as low as $2.80 earlier in May.

 

Michael Rowels

Weekend Contributor. Writing for business and finance publishers has become his passion over the last decades after he completed a master's degree in Financial Management. Sharing some opinions and forecasts to thousands of readers is a routine job for him but he never promises to invest in one stock.