Published on 10 Jan 2022 on Market Watch
Exela Technologies Inc. stock underperforms Monday when compared to competitors
Shares of Exela Technologies Inc. slipped 5.52% to $0.66 Monday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.14% to 4,670.29 and Dow Jones Industrial Average falling 0.45% to 36,068.87. This was the stock's fifth consecutive day of losses. Exela Technologies Inc. closed $7.16 below its 52-week high ($7.82), which the company achieved on March 10th.
The stock underperformed when compared to some of its competitors Monday, as AudioEye Inc. fell 4.37% to $6.56, Conduent Inc. fell 0.51% to $5.91, and Salesforce.com Inc. rose 0.58% to $229.63. Trading volume (12.6 M) remained 3.6 million below its 50-day average volume of 16.2 M.