Published on 17 Jun 2022 on Market Watch
Exela Technologies Inc. stock underperforms Friday when compared to competitors
Shares of Exela Technologies Inc. dropped 0.77% to $0.14 Friday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.22% to 3,674.84 and the Dow Jones Industrial Average falling 0.13% to 29,888.78. Exela Technologies Inc. closed $5.31 short of its 52-week high ($5.45), which the company reached on July 13th.
The stock underperformed when compared to some of its competitors Friday, as AudioEye Inc. rose 2.55% to $5.23, Conduent Inc. rose 1.42% to $4.30, and Salesforce Inc. rose 2.13% to $163.26. Trading volume (92.4 M) eclipsed its 50-day average volume of 36.6 M.