Is Express Stock a Buy?
Express' (NYSE: EXPR) share price has lost 82% of its value over the last five years. In fact, the price was so low, Express did not meet the New York Stock Exchange listing requirement. But this year's rally allowed it to become compliant again.
The stock caught the eye of the Reddit group WallStreetBets, and the shares soared this year, starting 2021 below $1 before reaching about $14 at the end of January.
Of course, there are reasons investors had sent the stock to that low level, so it is important to distance yourself from the day traders and rationally assess Express' business prospects. Only then can you can make an informed decision.
Source Fool.com
