Exela Technologies Inc (NASDAQ:XELA) Stock Tanks Following Preliminary Q1 Earnings
On Tuesday, Exela Technologies Inc (NASDAQ:XELA) was in the news after it announced its preliminary financial results for the first fiscal quarter that ended on March 31, 2022. Trading Data On Tuesday, XELA stock slumped 17.50% to $0.3054 with more than 42.44 million shares, compared to its average volume of 35.08 million shares. The stock moved within a range of $0.2911 – 0.3219 after opening trading at $0.2975. Earnings Review However,…