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Exela Technologies Inc. stock underperforms Wednesday when compared to competitors

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Terrence Horan

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Shares of Exela Technologies Inc. XELA slid 1.44% to $2.06 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX rising 0.85% to 4,480.70 and the Dow Jones Industrial Average DJIA rising 0.68% to 34,814.39. This was the stock's seventh consecutive day of losses. Exela Technologies Inc. closed $5.76 short of its 52-week high ($7.82), which the company reached on March 10th.

The stock underperformed when compared to some of its competitors Wednesday, as AudioEye...