Business

Stocks open lower; Lions Gate, Express sink

By Washington Examiner
Published May 30, 2014 1:54pm ET
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Stocks open lower; Lions Gate, Express sink
FILE - In this Aug. 9, 2011 file photo, American flags hang behind a Wall Street sign outside the New York Stock Exchange, in New York. World stock markets were mostly weaker Friday, May 30, 2014, after a government report showed the U.S. economy shrank in the first quarter and the U.S. dollar lost value against major Asian currencies. (AP Photo/Mark Lennihan, File) | Mark Lennihan

NEW YORK (AP) — Stocks are opening slightly lower on Wall Street a day after the market closed at another record high.

Lions Gate Entertainment and Express Inc. fell sharply after reporting results that fell short of what investors were looking for. Lions Gate slumped 11 percent and Express fell 13 percent.

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