DJ Exela Technologies Inc. Stock Underperforms Friday When Compared To Competitors
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Shares of Exela Technologies Inc. (XELA) plunged 10.11% 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 0.95% to 6,025.99 and Dow Jones Industrial Average falling 0.99% to 44,303.40.
This was the stock's second consecutive day of losses.
Exela Technologies Inc. closed 86.31% short of its 52-week high of $3.58, which the company reached on March 26th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as RenovaCare Inc. $(RCAR)$ remained unchanged, Chesapeake Granite Wash Trust (CHKR) rose 3.51% to $0.54, and Biloxi Marsh Lands Corp. (BLMC) fell 22.58% to $3.00.
Data source: Dow Jones Market Data, FactSet. Data compiled February 7, 2025.
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February 07, 2025 17:31 ET (22:31 GMT)
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