Exela Technologies Inc. Stock Rises Friday, Still Underperforms Market
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Shares of Exela Technologies Inc. (XELA) inched 0.57% higher to $5.26 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 1.45% to 4,282.37 and the Dow Jones Industrial Average rising 2.12% to 33,762.76.
This was the stock's fifth consecutive day of gains.
Exela Technologies Inc. closed $922.74 below its 52-week high ($928.00), which the company achieved on June 3rd.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as RenovaCare Inc. (RCAR) rose 47.06% to $0.01, Chesapeake Granite Wash Trust (CHKR) fell 0.86% to $1.15, and Biloxi Marsh Lands Corp. (BLMC) rose 3.70% to $4.20.
Trading volume (556,980) remained 2.5 million below its 50-day average volume of 3.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 2, 2023.
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June 02, 2023 17:38 ET (21:38 GMT)
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