Exela Technologies Inc. Stock Underperforms Friday When Compared To Competitors
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Shares of Exela Technologies Inc. (XELA) shed 5.22% to $0.49 Friday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 1.72% to 3,693.23 and Dow Jones Industrial Average falling 1.62% to 29,590.41. This was the stock's sixth consecutive day of losses. Exela Technologies Inc. closed $47.11 below its 52-week high ($47.60), which the company reached on October 25th.
The stock underperformed when compared to some of its competitors Friday, as AudioEye Inc. (AEYE) fell 2.48% to $5.04, Conduent Inc. (CNDT) fell 3.59% to $3.49, and Salesforce Inc. (CRM) fell 2.09% to $147.01. Trading volume (4.8 M) remained 7.1 million below its 50-day average volume of 11.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled September 23, 2022.
(END) Dow Jones Newswires
September 23, 2022 17:32 ET (21:32 GMT)
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