Shares of Exela Technologies Inc. XELA slid 3.08% to $0.48 Tuesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX rising 2.14% to 4,262.45 and the Dow Jones Industrial Average DJIA rising 1.82% to 33,544.34. This was the stock’s third consecutive day of losses. Exela Technologies Inc. closed $4.98 short of its 52-week high ($5.45), which the company reached on July 13th.
The stock underperformed when compared to some of its competitors Tuesday, as AudioEye Inc. AEYE rose 4.55% to $6.20, Conduent Inc. CNDT rose 2.08% to $4.42, and Salesforce.com Inc. CRM rose 1.56% to $196.14. Trading volume (50.7 M) eclipsed its 50-day average volume of 46.5 M.