Shares of Express (EXPR) nosedive 22.1% premarket after the company issues a lackluster Q1...

|By:, SA News Editor

Shares of Express (EXPR) nosedive 22.1% premarket after the company issues a lackluster Q1 report and strikes a downbeat tone for Q2. Sales growth is slipping at the company, while it also took on extra costs related to changing its mind over the location of its flagship NYC store.