DJ Exela Technologies Inc. Stock Rises Wednesday, Still Underperforms Market
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Shares of Exela Technologies Inc. $(XELA)$ inched 0.46% higher to $2.20 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.51% to 5,104.76 and the Dow Jones Industrial Average rising 0.20% to 38,661.05.
The stock's rise snapped a two-day losing streak.
Exela Technologies Inc. closed $11.58 short of its 52-week high ($13.78), which the company reached on March 8th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as RenovaCare Inc. $(RCAR)$ remained unchanged, Chesapeake Granite Wash Trust (CHKR) rose 5.08% to $0.60, and Biloxi Marsh Lands Corp. (BLMC) remained unchanged.
Trading volume (62,923) remained 41,514 below its 50-day average volume of 104,437.
Data source: Dow Jones Market Data, FactSet. Data compiled March 6, 2024.
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(END) Dow Jones Newswires
March 06, 2024 17:37 ET (22:37 GMT)
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