Among recent developments at the company, it launched a #ExpressReentry campaign and TikTok Hashtag Challenge on May 17 to help consumers reconnect with style as they resume some of their pre-pandemic routines.
The stock has gained 59.5% over the past three months to close Friday’s trading session at $4.29. However, the stock looks expensive at this price level considering its fundamentals and near-term growth prospects. The stock has lost 52.1% over the past three years and 70.4% over the past five years. It regained compliance with NYSE’s listing standards on February 3; It received a notice in September 2020 that the average closing price of its shares had remained at less than $1 per share over 30 consecutive trading days.