Published on 14 Jan 2022 on Market Watch
Exela Technologies Inc. stock underperforms Friday when compared to competitors
Shares of Exela Technologies Inc. shed 7.58% to $0.51 Friday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.08% to 4,662.85 and the Dow Jones Industrial Average falling 0.56% to 35,911.81. This was the stock's ninth consecutive day of losses. Exela Technologies Inc. closed $7.31 below its 52-week high ($7.82), which the company achieved on March 10th.
The stock underperformed when compared to some of its competitors Friday, as AudioEye Inc. fell 1.17% to $6.17, Conduent Inc. fell 4.28% to $5.59, and Salesforce.com Inc. rose 1.14% to $231.23. Trading volume (25.3 M) eclipsed its 50-day average volume of 16.9 M.