XELA Stock Recent News

It's fine to seek out low-priced tech stocks, but I definitely do not recommend Exela Technologies (NASDAQ: XELA ) stock. Exela Technologies has financial problems and the company's shares are at risk of being delisted from the Nasdaq exchange.

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Exela Technologies, Inc. (NASDAQ:XELA ) Q4 2022 Results Conference Call March 4, 2023 4:30 PM ET Company Participants Vince Kondaveeti - VP, Corporate Development Par Chadha - Executive Chairman Shrikant Sortur - CFO Conference Call Participants Zach Cummins - B. Riley Securities Operator Good day and welcome to the Exela Technologies Fourth Quarter 2022 Financial Results.

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If you're on the prowl for penny stock bargains, Exela Technologies (NASDAQ: XELA ) is a name you've likely come across. While facing a Nasdaq exchange delisting, for now XELA stock is, according to Finviz, one of the lowest-priced stocks listed on a major U.S. exchange.

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From a capital raise to expenditure reductions and even a possible share split, it seems like Exela Technologies (NASDAQ: XELA ) is trying anything and everything to save XELA stock from extinction. However, while prospective investors can watch with amusement from the sidelines, there's no need to take a share position in Exela Technologies.

Sometimes, it can be exciting to speculate on small businesses. Yet, the risk-to-reward proposition just isn't favorable for Exela Technologies (NASDAQ: XELA ) stock.

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