Exela Technologies Inc. stock falls Friday, underperforms market

Shares of Exela Technologies Inc.
XELA,
-4.13%
plunged 10.14% to $2.66 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index
SPX,
-0.57%
rising 0.16% to 4,468.00 and the Dow Jones Industrial Average
DJIA,
-0.84%
rising 0.04% to 35,515.38. This was the stock’s second consecutive day of losses. Exela Technologies Inc. closed $5.16 short of its 52-week high ($7.82), which the company achieved on March 10th.

The stock underperformed when compared to some of its competitors Friday, as AudioEye Inc.
AEYE,
+1.85%
fell 0.84% to $9.50, Conduent Inc.
CNDT,
-4.64%
rose 2.36% to $7.37, and Salesforce.com Inc.
CRM,
+0.10%
rose 1.28% to $251.56. Trading volume (25.6 M) remained 60.7 million below its 50-day average volume of 86.3 M.


Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.

View more information: https://www.marketwatch.com/story/exela-technologies-inc-stock-falls-friday-underperforms-market-01628890308-67803cf11180

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