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Published on 24 Jun 2022 on Market Watch

Exela Technologies Inc. stock falls Friday, underperforms market


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Shares of Exela Technologies Inc. slipped 8.13% to $0.15 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 3.06% to 3,911.74 and the Dow Jones Industrial Average rising 2.68% to 31,500.68. This was the stock's second consecutive day of losses. Exela Technologies Inc. closed $5.30 below its 52-week high ($5.45), which the company achieved on July 13th.

The stock underperformed when compared to some of its competitors Friday, as AudioEye Inc. fell 7.09% to $6.03, Conduent Inc. rose 1.13% to $4.46, and Salesforce Inc. rose 7.44% to $185.92. Trading volume (124.7 M) eclipsed its 50-day average volume of 53.6 M.

NASDAQ.XELA price evolution

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