Published on 31 May 2022 on Market Watch
Exela Technologies Inc. stock outperforms market despite losses on the day
Shares of Exela Technologies Inc. dropped 0.18% to $0.22 Tuesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.63% to 4,132.15 and Dow Jones Industrial Average falling 0.67% to 32,990.12. Exela Technologies Inc. closed $5.23 short of its 52-week high ($5.45), which the company achieved on July 13th.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as AudioEye Inc. rose 2.12% to $3.37, Conduent Inc. rose 4.95% to $5.30, and Salesforce Inc. fell 2.94% to $160.24. Trading volume (25.6 M) remained 7.1 million below its 50-day average volume of 32.7 M.