DJ Exela Technologies Inc. Stock Underperforms Thursday When Compared To Competitors
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Shares of Exela Technologies Inc. $(XELA)$ tumbled 14.53% to $2.00 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.06% to 37,775.38 and the S&P 500 Index falling 0.22% to 5,011.12.
This was the stock's second consecutive day of losses.
Exela Technologies Inc. closed $6.88 short of its 52-week high ($8.88), which the company reached on April 21st.
The stock underperformed when compared to some of its competitors Thursday, as RenovaCare Inc. $(RCAR)$ remained unchanged, Chesapeake Granite Wash Trust (CHKR) fell 0.17% to $0.57, and Biloxi Marsh Lands Corp. (BLMC) rose 2.38% to $4.30.
Trading volume (313,907) eclipsed its 50-day average volume of 157,288.
Data source: Dow Jones Market Data, FactSet. Data compiled April 18, 2024.
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(END) Dow Jones Newswires
April 18, 2024 17:37 ET (21:37 GMT)
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