XELA Stock Recent News

IRVING, Texas, April 15, 2024 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. (“Exela” or the “Company”) (NASDAQ:XELA, XELAP), a global business process automation (“BPA”) leader, will host a conference call with the financial community to discuss results for the fourth quarter and full year 2023 at 4:30 p.m. ET on April 17, 2024.

IRVING, Texas, Aug. 11, 2023 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. (“Exela” or the “Company”) (NASDAQ: XELA, XELAP), a global business process automation (“BPA”) leader, will host a conference call with the financial community to discuss results for the second quarter 2023 at 8:30 a.m. ET on August 14, 2023. Exela will issue a press release reporting its results before the start of the call.

Shares of business processing automation (BPA) specialist Exela Technologies (NASDAQ: XELA ) stumbled heavily on Thursday despite seemingly positive news. Early this morning, the company announced its collaboration with Microsoft (NASDAQ: MSFT ) to help undergird generative artificial intelligence (AI) based technologies on the technology stalwart's Azure public cloud platform.

Exela Technologies, Inc XELA was trading over 8% higher on Friday after announcing it had successfully completed the sale of one of its businesses, which caused the stock to confirm an uptrend.

Shares of Exela Technologies (NASDAQ: XELA ) stock shot up over 15% after the business processing automation (BPA) company announced that it had sold its high-speed scanner manufacturing and maintenance business to Imaging Business Machines (IBML). XELA stock has since dropped down to just a little over 6% up.

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Business process automation (BPA) specialist Exela Technologies (NASDAQ: XELA ) continues to ride the aftereffects of its reverse split late last week. However, such cynical moves present a perceptional risk, possibly deceiving some retail investors into believing that Exela cured its vulnerabilities.

Exela Technologies (NASDAQ: XELA) stock price more than doubled on Tuesday as investors focused on the recent reverse split. The shares jumped to a high of $7.83, the highest point since April 25.

Exela Technologies, Inc XELA was skyrocketing 130% higher on Tuesday, rebounding massively after a 1-for-200 reverse stock split, which came into effect before the market opened Monday and caused the stock to drop almost 40%.